AMD Gains Ground on Nvidia in Booming AI Chip Market

Nvidia's revenue and earnings have surged recently thanks to strong AI chip demand, but its valuation looks expensive.

AMD's AI chips are gaining traction and could take significant market share from Nvidia in coming years.

Microsoft and AI startup Lamini are showing confidence in AMD's AI chips.

AMD is ramping up manufacturing of its AI chips with foundry partner TSMC.

AMD trades at a sizable valuation discount to Nvidia, presenting an opportunity for investors seeking an AI chip play.