AMD Acquires AI Startup Nod.ai to Boost AI Capabilities, But Still Lags Behind Nvidia

AMD acquired Nod.ai to improve its AI software and better compete with Nvidia in AI.

Nvidia is dominating the AI market, with revenue growing 170% in Q3. AMD is far behind.

The Nod.ai acquisition is smart but may be too small and too late for AMD to catch up to Nvidia.

AMD is more exposed to struggling consumer businesses than Nvidia.

Even with the acquisition, Nvidia still seems like a better investment than AMD.