In the three weeks since Nvidia shocked the tech world with its forecast of an unprecedented leap in sales, Wall Street has been on the hunt for other chip companies that could benefit from the latest AI boom.
But as the search has gone on, the gulf that has opened up between Nvidia and the rest of the chip industry has only grown wider.
In one of the most anticipated attempts to catch up with Nvidia, rival AMD showed off a new AI chip this week named the MI300X. The chip includes a GPU — a product originally designed for video gaming that lies at the heart of Nvidia’s success — as well as a more general-purpose CPU and built-in memory to supply data to both processors.
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