Why AMD’s Latest Win Should Give NVIDIA Sleepless Nights

Advanced Micro Devices (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) have been locked in an intense battle for GPU (graphics processing unit) supremacy. AMD has momentum on its side as its market share has shot up to almost 30% from just 18.8% in 2015, thanks to its focus on selling budget GPUs.

AMD now wants to take itself a notch higher, which is why it is targeting the high-end GPU space with the new Vega GPUs for consumer and professional grade PCs. But this isn't the only front where the chipmaker is looking to engage NVIDIA. AMD's latest contract win indicates that it is now making inroads into the lucrative data center business that's been a big catalyst for NVIDIA so far.

Image Source: AMD

Source: Fool.com