Analyst Says Nvidia ‘Getting Into’ Advanced Micro Devices (AMD) Business With Intel Deal

Group 1 - Nvidia's recent $5 billion investment in Intel indicates that Nvidia is entering AMD's business, particularly in the area of system on chips [1][2] - The collaboration between Nvidia and Intel aims to integrate GPUs and CPUs, enhancing capabilities for gaming desktops and AI laptop processors [2] - AMD is expected to improve its market share in AI applications by 2027, potentially matching the market leader, Nvidia, as hyperscale customers may opt for dual-sourcing high-end chips [3] Group 2 - Macquarie Core Equity Fund acknowledges AMD's potential in the semiconductor market, particularly in CPUs and GPUs for gaming, data centers, and AI [3] - Despite recognizing AMD's growth potential, the fund believes that other AI stocks may offer higher returns with limited downside risk [3]