Lisa Su Just Delivered Incredible News for Advanced Micro Devices Stock Investors

Developing artificial intelligence (AI) software wouldn't be possible without data centers and the powerful graphics processing chips (GPUs) inside them. For the past 18 months, Nvidia (NASDAQ: NVDA) has dominated the GPU industry with a staggering market share of up to 98%.But competition was bound to emerge, and Advanced Micro Devices (NASDAQ: AMD) has stepped up to the plate with an exciting GPU roadmap. The company hosted its "Advancing AI" event on Oct. 10, where its CEO Lisa Su provided an update on its next-generation chips.Although Advanced Micro Devices is still trailing Nvidia in the market for AI GPUs, Su's comments suggest the company is catching up at a rapid clip. Here's why investors should be excited. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool