One reason why investors should not write off this AI stock that can challenge Nvidia

economictimes.indiatimes.com:

AI GPU researches, the last couple of years have been simply ecstatic for the company, which has even surpassed Apple in terms of market capitalization. Such is its craze that Apple is now trying to cut down its massive demand by bringing in collaboration with a different company for the iPhone maker's chips, according to a previous ET report. Meanwhile, there is another tech company, AMD, which is also exceedingly popular, and will be taking on Nvidia in a major way in the coming year, as per latest reports from market reports.

AMD stocks to see some AI-aided rise?

Advanced Micro Devices, or AMD, has shown phenomenal growth in the last few years, but these recent past has been nothing short of trouble for the company, due to weak PC sales, and concerns about its stability in the massive artificial intelligence race that is consuming the entire tech industry.
However, AMD has a lot of advantage in the coming years, when the chipmaking industry slowly saturates, and becomes quite secular, giving its profit shares to be distributed equally and not consumed mammothlike by a single entity in the chipmaking sector, such as Nvidia.

The AI accelerator business is reportedly the biggest boon for AMD, and that could have the potential of helping the company's stats at the US stock market go higher than what it is now, and even put up some record figures on the boards, if market experts are to be believed.

FAQs:

Does AMD make GPUs? AMD does makes some state-of-the-art graphics processors, and has now even planned on