On some levels, Advanced Micro Devices (NASDAQ: AMD) increasingly looks like a competitor to Nvidia in the artificial intelligence (AI) accelerator market. While almost everyone perceives Nvidia as the dominant player in this market, AMD raised eyebrows by winning a contract with Oracle. Yet despite all these accolades, AMD is barely profitable and its revenue growth rate remains stuck in the single digits. Additionally, despite the Oracle deal, AMD is not yet in Nvidia’s league when it comes to AI accelerators. Nevertheless, an AMD measurement showed a dramatic improvement. As that number continues to grow, the semiconductor stock could become a full-fledged competitor to Nvidia in the AI ​​accelerator market.Continue readingMore articles on MotleyFool More articles on MotleyFool