Financial news analyst PredictStreet highlighted Advanced Micro Devices (AMD) as a pivotal challenger to Nvidia in the AI market, citing the company's new MI400 series accelerators as a major catalyst for its data center segment.
- The analysis specifically emphasized the MI455X, which is described as the world’s first 2nm AI GPU.
- Despite this positive outlook, AMD stock is currently trading at $204.61, experiencing a minor decline of 0.03%.