AMD Takes An Effective Bargain Route Against Nvidia

Summary:

  • Advanced Micro Devices, Inc. has been consistently furthering its consolidation strategy in an aim to better compete against end-to-end AI solutions provided by industry leader and key competitor Nvidia.
  • This is expected to complement ongoing efforts in extending its AI market share gains by bolstering uptake of its core data center hardware offerings, particularly its latest Instinct MI300 accelerators.
  • The additive growth outlook will also underpin sustained margin expansion as new products, especially within the more profitable data center segment, continue to scale.

AMD headquarters in Santa Clara, California, USA

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Catching up to rival Nvidia’s (NVDA) AI prowess has long been a milestone in the works for Advanced Micro Devices, Inc. (NASDAQ:AMD) after it beat Intel (INTC) at its own game in


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