AMD Looks to Challenge Nvidia With a New Chip. Can the Stock Be the Next Big AI Chip Winner?

Here's why AMD is well positioned to benefit from the AI infrastructure buildout.Advanced Micro Devices (AMD -2.31%) recently introduced its latest artificial intelligence (AI) chip as it looks to make a dent in Nvidia's (NASDAQ: NVDA) huge market share. While AMD, as it is commonly called, has seen its AI-related revenue soar this year, it's still just a fraction of the revenue generated by its rival's graphic processing units (GPUs). The question is, can this new chip help AMD become the next big AI winne ...