Nvidia and AMD Intensify Rivalry in AI Chip Market Ahead of Key Events
As Nvidia prepares to unveil its next-generation AI chip, AMD emerges as a strong contender, challenging Nvidia's dominance with its own advancements.
- Nvidia is set to unveil its next-generation AI chip, the B100, at its GTC 2024 conference, highlighting the company's continued leadership in the AI chip market.
- AMD, traditionally a strong second in various chip markets, is ramping up its AI chip production, offering a viable alternative to Nvidia's offerings.
- The AI chip market is experiencing explosive growth, with demand outstripping supply, creating opportunities for companies like AMD to gain market share.
- Wall Street analysts see no slowdown in data center spending for AI applications, underscoring the massive potential of the AI chip market.
- Nvidia's stock has seen significant gains, but faces high investor expectations ahead of its AI conference, amid comparisons to the dot-com bubble era.
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Benzinga 
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The Telegraph 