It looked like Advanced Micro Devices (NASDAQ: AMD) could eat into Nvidia 's (NASDAQ: NVDA) dominant graphics processing unit (GPU) market share thanks to the aggressive pricing and better availability of its graphics cards, but the latest report from Jon Peddie Research indicates otherwise.
Nvidia exerted its authority in the discrete GPU market once again in the third quarter of 2021, leaving AMD far behind in second place. Let's look at the state of the graphics card market in the previous quarter and see why Nvidia's tight grip over it is great news for the stock.
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Nvidia Steamrolls AMD as It Aggressively Pursues This Massive Market