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AMD still has a gap to close with Nvidia's AI chips

  • AMD reported an 18% rise in revenue compared to the same period last year.
  • AMD aims to close the gap with Nvidia, which holds 80% of the GPU market.
  • Investor concerns led to a 10% decline in AMD's stock post-earnings.
  • AMD's CEO, Lisa Su, mentioned that the company has closed a good part of the gap with Nvidia.

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