Hedge Fund Chairman Backs AMD Over Nvidia in AI Sector

Reported 1 day ago

David Tepper, founder of Appaloosa Management, is optimistic about Advanced Micro Devices (AMD) as a strong competitor to Nvidia in the AI market. Although Nvidia remains a leading name, analysts are increasingly considering alternatives like AMD, which has seen growing demand for its data center chips and plans to enhance its AI initiatives. Tepper views AMD favorably, hinting at a shift in focus among investors looking beyond Nvidia amidst rising competition in the tech industry.

Source: YAHOO

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