2 Reasons AMD Could Be the Next Big Thing in AI Chips

Advanced Micro Devices (NASDAQ:AMD) is emerging as a significant player in the world of AI chips. Indeed, Nvidia (NASDAQ:NVDA) remains the dominant player in this space. However, AMD’s recent financials show a rising trajectory, with the company’s data center revenue hitting a record $2.3 billion, reflecting an 80% year-over-year (YOY) increase. Those impressive numbers were driven by strong Ryzen and Instinct sales.Additionally, AMD’s recent acquisition of Silo AI for$ 665 million marks a major step into a ...