Nvidia Leads in AI Chips But Faces Growing Competition from AMD, Startup Symbotic
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Nvidia has been a big winner so far from AI hype, but AMD and Symbotic are competitors that could also capitalize.
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AMD is releasing new AI chips comparable to Nvidia's that companies like Microsoft and Meta are using.
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Symbotic uses AI and robots to make warehouses more efficient. It has a deal with Walmart.
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AMD is a safer investment as a large, diversified company. Symbotic has more growth potential but is riskier.
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The AI market overall is forecast to be worth $400 billion by 2027, presenting a big opportunity.