<div id="readability-page-1"><div><div>Nvidia Corp NVDA may still be the emperor of AI's training stack, but Advanced Micro Devices Inc AMD is making a compelling case to become the infrastructure king of everything else.With Nvidia set to report first-quarter earnings on Wednesday, Wall Street expects fireworks – an EPS of 88 cents per share and revenue of $43.54 billion. The stock has surged 20.75% in the past month, and despite being slightly under its eight-day simple moving average (SMA), it’s flashing strong technicals.Chart created using Benzinga ProNVDA stock is trading well above its 20, 50, and 200-day SMAs. With a MACD (moving average convergence/divergence) of 6.29 and RSI (relative strength index) nearing overbought at 63.8, the bulls are clearly in control.Analysts remain solidly bullish. Recent ratings from Wedbush, BofA, and UBS peg an average price target of $170 — implying nearly 30% upside from current levels. NVDA isn't just the leader; it's still the benchmark.Read Also: After Jensen Huang Criticized US Export Curbs, Nvidia Set To Launch Cheaper Blackwell AI Chip For China Amid Market Share Slide: Report<h2>AMD's Inference-Focused Strategy Finds Tailwinds</h2>But AMD isn't trying to be Nvidia anymore, which might be the smartest move in the AI arms race.Chart created using Benzinga ProWhile AMD has lagged over the past year, down 35.72%, the stock has bounced back 14.44% in the last month. Its recent technicals are mixed — it's trading below its eight-day SMA but above the 20 and 50-day SMAs. The 200-day still looms overhead, yet with a MACD of 4.30 and RSI of 57.67, buying pressure is building.And then there's the narrative shift.<h2>AI Infrastructure Is Evolving – And So Are Investor Preferences</h2>As Shay Boloor puts it, AMD isn't chasing Nvidia’s crown — it's building a different kingdom. While Nvidia owns training, AMD is positioning for AI's deployment phase: edge computing, sovereign AI, cost-effective inference and modular stacks. Its MI300X chips and ROCm platform aren’t trying to out-CUDA CUDA — they're solving problems CUDA wasn't built for.The $10 billion Humain deal? That's about control, not hype. It's a bold pivot from playing catch-up to reshaping the battlefield.In a world where AI infrastructure is becoming political and every enterprise wants sovereignty, AMD's open, modular approach isn't just a Plan B. It might be Plan A for hyperscalers and governments that don't want to be locked into Nvidia's stack.NVDA might crush this quarter — again. But as AI evolves from a centralized boom to a decentralized wave, the market may start asking a different question:Not &#34;Can AMD catch Nvidia?&#34; But &#34;Did we underestimate what AMD is becoming?&#34;<ul> <li>$600B AI Opportunity: Nvidia’s 18,000-Chip Deal With Saudi Arabia’s Humain Puts Middle East ‘Front Of The Line,’ Says Wedbush’s Dan Ives</li> </ul>Photo: Shutterstock</div></div></div>

NVDA

Nvidia is set to report Q1 earnings with expectations of strong performance, while AMD is carving out its niche in AI infrastructure. Nvidia's stock has surged 20.75% recently, with analysts projecting a price target of $170, indicating a 30% upside. In contrast, AMD, down 35.72% over the past year, is focusing on edge computing and cost-effective inference, positioning itself as a viable alternative to Nvidia. As AI infrastructure evolves, AMD's modular approach may appeal to hyperscalers and governments seeking independence from Nvidia's ecosystem.

- Nvidia Corp is expected to report strong earnings, with analysts projecting an EPS of 88 cents and revenue of $43.54 billion, reflecting a 20.75% stock surge in the past month.  
- Advanced Micro Devices Inc is shifting its strategy to focus on AI deployment, positioning itself as a key player in edge computing and cost-effective inference, despite a 35.72% decline over the past year.  
- As AI infrastructure evolves, AMD's modular approach may appeal to hyperscalers and governments seeking alternatives to Nvidia's offerings, prompting a reevaluation of AMD's potential in the market.  

Nvidia's Q1 Earnings Loom, While AMD's Edge AI Bet Could Change The Narrative