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AMD’s stock is worth a fresh look, Bank of America says - MarketWatch

1. Nvidia expected to capture over 80% of AI accelerator market. 2. Total AI accelerator market could exceed $400 billion. 3. AMD aims for 3%-4% share in AI chip sector. 4. AMD's new chips target demanding workloads, including AI applications. 5. Partnerships with AI firms beneficial for both AMD and Nvidia.

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FAQ

Why Very Bullish?

Nvidia is solidifying its market leader position in AI accelerators, driving demand and potential revenue growth similar to past AI booms.

How important is it?

The strong emphasis on Nvidia's dominant market position and growth in AI accelerators underscores significant financial opportunities.

Why Long Term?

The growth in AI demand and new market opportunities signal sustained revenue increases for Nvidia over several years.

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