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Stock impact report

AMD: Chasing Nvidia In The AI Race (Rating Upgrade) [Seeking Alpha]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: Seeking Alpha
AMD showcased new processors, including the Genoa-X and Bergamo, highlighting its leadership in high-performance computing. AMD is investing in AI accelerators to compete with market leader Nvidia Corporation and capitalize on the growing demand for AI technologies. We assign a BUY rating and expect AMD to partially take Nvidia's share of the datacenter AI accelerator. Investment thesis Advanced Micro Devices, Inc. NASDAQ: AMD ) has delivered outstanding performance with its new Genoa-X and Bergamo processors, strengthening the company's leadership position in high performance computing. Combined with the expected strengthening of AMD's position in the data center segment, the company has the potential to develop in the rapidly evolving artificial intelligence market, steadily increasing investments in research and development. If the AMD MI300X, which the company claims is AMD's most powerful GPU to date and is designed specifically for generative artificial intelligence, Show less Read more
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