On November 13th, the Wall Street Journal reported that AMD has emerged as a formidable competitor to NVIDIA amid the artificial intelligence boom. If current revenue and market share projections hold steady, AMD's influence is poised to surge significantly in the coming years. The company forecasts that its sales of AI chips will grow at an annual rate of 80% over the next several years. By 2030, AMD aims to secure a double-digit market share in a sector where NVIDIA currently enjoys near-monopolistic dominance. Additionally, AMD predicts the overall AI chip market will balloon to $1 trillion within the next five years, with its own sales surpassing $100 billion. Despite substantial investments in developing cutting-edge chips and sophisticated computing systems, AMD maintains that its gross margins will remain robust. Many investors and AI chip customers are eager for a viable competitor to NVIDIA, and AMD believes it is steadily advancing toward this objective.