AMD Stock: Can Its AI Strategy Compete With Nvidia? Analyst Predicts Market Share Gains Ahead
AMD(AMD) Benzinga·2024-10-11 12:47
Advanced Micro Devices Inc AMD just unveiled its next wave of AI weaponry, and it's taking aim at none other than Nvidia Corp NVDA. AMD is gearing up to claim a bigger slice of the AI pie in an AI event packed with hardware reveals, partnerships, and tantalizing hints of future dominance. But can the underdog challenge the reigning champ in AI accelerators?JPMorgan’s Harlan Sur remains cautious, sticking with a Neutral rating while highlighting the hefty potential in AMD's AI-focused arsenal.AI Market Outlo ...