Core Viewpoint - AMD is positioning itself as a strong competitor to Nvidia in the graphics card market with the launch of new products, particularly the Radeon RX 9060 XT and Radeon AI Pro R9700, which incorporate AI capabilities for workstations and gamers [1][4]. Product Launch and Comparison - AMD introduced the Radeon RX 9060 XT, which is priced at $299 for the 8GB model and $349 for the 16GB model, aiming to compete directly with Nvidia's RTX 5060 priced at $299 and RTX 5060 Ti priced at $379 for the 8GB model and $429 for the 16GB model [2][3]. - The RX 9060 XT has been reviewed positively, being labeled as the "world's best graphics card under $350," and is set to be available for sale on June 5 [2]. Performance Metrics - The RX 9060 XT is reported to deliver 6% faster gaming performance based on tests of 40 popular games and offers 15% better gaming performance per dollar compared to the RTX 5060 Ti [3]. Market Dynamics - AMD is gaining traction in the GPU market, with increased interest from major tech companies like xAI, which indicates a potential shift in GPU purchasing dynamics [4]. - Elon Musk has mentioned that while xAI will prioritize Nvidia GPUs, they are also open to purchasing from AMD if necessary, suggesting AMD's growing relevance in the market [4]. Stock Performance - Nvidia's stock has seen a 38.1% increase over the last month, while AMD's stock has risen by 31.9% in the same period [5][6]. - However, both companies have experienced declines in stock performance over the past six months and year-to-date, with AMD down 17.9% and 6.4% respectively, and Nvidia down 8.8% and 3.3% [5][6].