Wall Street is waiting on the release of Nvidia’s (NVDA) second quarter earnings results on Wednesday, August 28. Moor Insights & Strategy Founder, CEO and chief analyst Patrick Moorhead joins Yahoo Finance to discuss the company’s biggest competitors.
“First and foremost, it’s AMD (AMD),” Moorhead notes, adding that “an increasing risk are the hyperscalers developing their own chips, you have Meta (META), Microsoft (MSFT), Google (GOOG, GOOGL) and Amazon (AMZN) all doing a highly efficient version. It’s not a GPU out there, but it’s a very highly efficient version.”
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This post was written by Mariela Rosales.
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Source Agencies
