Cloud providers tighten budgets as chip wars heat up between Nvidia and AMD.
TL;DR Summary
AMD and Nvidia are both making a push into the AI data-center market, but face a tighter-than-expected market due to budget constraints from cloud-service providers. The growth of AI products has been a major factor in the performance of both companies this year. AMD CEO Lisa Su sees the total addressable market for data-center AI accelerators to soar to more than $150 billion in 2027, from a current $30 billion.
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