Suppose the channel checks reported by Wedbush concerning the supply-demand imbalance for NVIDIA’s (NASDAQ: NVDA) AI GPUs are correct. In that case, it isn’t a matter of Advanced Micro Devices (NASDAQ: AMD) taking share but claiming it.
According to them, the checks in August revealed a 10-to-1 imbalance, which leaves ample market share to be taken. In this environment, NVIDIA will surely ramp production to meet the need, but it won’t be able to increase production by 1000% soon, leaving AMD in a position to sell its products to those who can’t wait.
