Every AMD stock investor should keep an eye on this number | 12.10.24

At some levels, Advanced Micro Devices (NASDAQ: AMD) is increasingly looking like a rival to Nvidia in the artificial intelligence (AI) accelerator market. While almost everyone considers Nvidia to be the dominant player in this market, AMD raised some eyebrows by landing a contract from Oracle. Despite all these accolades, AMD is barely profitable and revenue growth remains stuck in the single digits. Despite the Oracle contract, AMD is not yet in Nvidia’s league in AI accelerators. Nevertheless, one AMD metric has shown dramatic improvement. As that figure continues to grow, the semiconductor stock could take its place as a full-fledged Nvidia competitor in the AI ​​accelerator market.Continue readingRead more about the full article at MotleyFool Read more about the full article at MotleyFool