Demand for AI chips remains strong! Wade Bush is bullish on Nvidia and expects strong Q2 financial reports.
① Wade Bush said that as the AI spending boom unfolds, Nvidia will release another strong quarterly report; ② Matt Bryson, Senior Vice President of Wade Bush's stock research, said, "There is still a lot of money invested in Nvidia's production of AI chips."
Why AMD Is Buying Server Maker ZT Systems
AI chip battle intensified! AMD launched a $4.9 billion acquisition and recruited more than a thousand design talents.
AMD announced on its official website that it has signed a final agreement to acquire ZT Systems for a price of $4.9 billion. Analysts believe that this is to expand its AI chip and hardware product portfolio and compete with the industry leader, Nvidia.
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