Nvidia Soars on AI Demand, But AMD Gains Ground with Diversified Chips
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Nvidia's stock price has nearly quadrupled over the past year due to booming demand for its AI and data center GPUs. However, its valuation looks high.
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AMD is a smaller, more diversified chipmaker that competes with both Nvidia and Intel across various markets like desktop CPUs.
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AMD grew slower than Nvidia recently due to its higher PC chip exposure, but its data center business is accelerating.
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AMD aims to carve out a niche in AI accelerators but likely won't overtake Nvidia's dominance.
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While promising, AMD looks a bit pricier than Nvidia and relies more on PCs than data centers for growth.