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In the race to tapp the enormous market for Generative AI, Nvidia is the clear market leader and AMD is scrambling to catch up.
After an August 1 report of expectations-beating results for the second quarter of 2023, AMD stock fell about 2% in early August 2 trading. To be fair, AMD stock is up 77% in 2023 — some 26% below its October 2021 all-time high.
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