Microsoft's partnership with AMD has caused a stir in the AI chip market.

AMD's AI processors could potentially be utilized by Microsoft for cloud computing clients to compete with Nvidia.

This collaboration showcases AMD's technological prowess and disruptive potential in the data center chip sector.

Nvidia's stock has taken a hit due to rumors of Microsoft considering AMD for AI chips, compounded by Nvidia's supply issues for H100 GPUs.

Analysts remain optimistic about growth catalysts for Nvidia, including strong demand for HBM, SSDs, and Hopper GPUs, despite competition from Qualcomm and Ampere.

Rising investments in R&D and performance have led to a 57% surge in AMD's stock, currently trading at $166.79.

Upcoming announcements at Computex are fueling anticipation among investors for the impact of the Microsoft-AMD partnership.

Traders and investors are closely monitoring AMD's AI chip revenue growth and market share dynamics, with medium-term indicators neutral but showing potential for upward momentum.