Wall Street Bullish on Advanced Micro Devices for AI Growth

Reported 8 months ago

The Motley Fool article discusses how Advanced Micro Devices (AMD) is gaining Wall Street's favor as a strong contender in the artificial intelligence (AI) sector. Despite Nvidia's dominance in AI, AMD has made significant strides in developing AI chips and attracting major customers like Microsoft and Oracle. With the successful launch of its MI300 lineup and strong revenue growth, AMD is projected to continue its upward trajectory in the AI market, making it a promising investment option according to analysts.

Source: YAHOO

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