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Artificial intelligence (AI) stocks have turned into legitimate multi-baggers since the public launch of ChatGPT, and experts expect the market to further leap to $2.74 trillion by 2032. It’s safe to say that AI is here to stay.
The two most prominent names in the sector that have defined this rally have been Nvidia (NVDA) and Advanced Micro Devices (AMD). The competing giants have been in a race to win a chip war – providing AI chips for leading companies like ChatGPT developer OpenAI. Although Nvidia is currently dominating, AMD has not been slacking.