Reported about 19 hours ago
AMD is increasingly positioning itself as a competitor to Nvidia in the AI accelerator market, especially after securing a contract with Oracle. Despite existing challenges such as low profitability and declining revenues in other sectors, AMD's data center revenue surged by 115% in the last quarter, now making up 49% of total revenue, up from 25% a year ago. This shift suggests potential for significant growth, positioning AMD favorably for future investments.
Source: YAHOO