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The Ratings Game: AMD is chasing down Nvidia in AI, but one analyst worries the company is ‘somewhat late’ – Vested Daily

The Ratings Game: AMD is chasing down Nvidia in AI, but one analyst worries the company is ‘somewhat late’

Advanced Micro Devices Inc. generally won praise among analysts in the wake of new artificial-intelligence product announcements, but at least one worries that the company is late to the game as it taps a massive market opportunity.

The chip company held a Tuesday event during which it showed off new AI chips, but AMD’s AMD discussion of AI at the event was perhaps “thinner” than expected, in the view of Bernstein analyst Stacy Rasgon, “with little in the way of hard numbers offered” and a timeline that “feels quite delayed…

This post was originally published on Market Watch

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