Market Reactions and Competitive Landscape Investors are closely watching these developments, as AMD aims to capitalize on the booming generative AI market. While AMD's shares remained flat on Monday, Nvidia's shares rose by over 3%. AMD's stock has shown significant growth since early 2023, but Nvidia's stock has surged more than sevenfold in the same period. Technalysis Research chief analyst Bob O'Donnell noted, "While the proof will be in the pudding, there's no doubt that AMD is taking Nvidia head-on, and companies looking for alternatives to Nvidia are bound to be happy to hear what AMD had to say." Additional Announcements AMD also provided updates on its broader product lineup: – CPUs: AMD's next generation of central processor units (CPUs) will be available in the second half of 2024, designed to complement their AI chips in data centers.