A Brewing Battle Royale
$NVIDIA (NVDA.US)$ crossed above the $3 trillion mark for the first time in its history and is now officially the third stock ever to reach that level, with only $Apple (AAPL.US)$ and $Microsoft (MSFT.US)$ having beat Nvidia to that particular punch. Given that Nvidia shares are up around 3,300% in just the last five years, it’s clear that it made its mark with dizzying speed.
But for all the shattered milestones, Nvidia isn’t done yet. Now, it’s poised to take on $Advanced Micro Devices (AMD.US)$ for a lead in the AI infrastructure market. While Nvidia has made substantial advances, AMD has been working with a range of partners to help drive its advances in the neural processor field, allowing AMD chips to basically power AI that runs on a standard laptop. And while Nvidia sees the rise of generative AI as being effectively the start of a new “industrial revolution,” AMD is working more to democratize the concept, focusing on open standards and interoperability.
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101846593 : If you don't run anymore, you'll be slow