AI Chip Wars Heat Up as AMD, Intel, and Alphabet Challenge Nvidia's Dominance
- AI market growing rapidly, projected to hit $1 trillion in annual sales by 2030
- AMD launching new MI300X AI chip in 2024 to compete with Nvidia
- Intel unveiling new AI offerings including Gaudi3 chip to challenge Nvidia
- Alphabet's new AI model Gemini shows promise combined with Google and Android
- AMD, Intel, and Alphabet have big growth potential but trade at lower valuations than peers