I've Changed My Mind on AMD. The AI Supercycle Has Room for More Than Just Nvidia.

Key Points The AI supercycle needs more than just Nvidia's GPUs, as AI agents utilize CPUs for quick tasks. AMD's management believes its data center CPU total addressable market will be $220 billion by 2030. AMD's data center revenue doubled in the second quarter. 10 stocks we like better than Advanced Micro Devices › For years, I thought Nvidia (NASDAQ: NVDA) was in a league of its own. And I was mostly right, considering that the company still holds about 86% of the data graphics processing unit (GPU) market. That dominance helped Nvidia become the $5.4 trillion company that it is today, as artificial intelligence companies scoop up as many of Nvidia's GPUs as they can for their data centers. Missed Nvidia in 2009?