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Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags
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- Since the launch of Chat GPT in late 2022 and the start of the generative AI craze, one name has dominated the infrastructure boom: Nvidia.
- All four of those companies have more than doubled in value this year, with Intel leading the way, up well over 200%.
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Since the launch of Chat GPT in late 2022 and the start of the generative AI craze, one name has dominated the infrastructure boom: Nvidia.
While the chipmaker — and the world's most valuable company — continues to prosper and is expected to show revenue growth of 70% this fiscal year, Wall Street has moved elsewhere, piling into businesses that were hardly visible in the initial years of the artificial intelligence buildout.
Article preview — originally published by CNBC. Full story at the source.
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