OpenAI's blockbuster chip-buying agreement with Advanced Micro Devices appears to be a shot across the bow at market leader Nvidia . Jim Cramer says Nvidia is hardly surrendering its lead in the AI computing race. "In the end — I know this is going to be facetious — I think everybody wins," Jim said Monday, as AMD shares surged more than 30% on its deal with the ChatGPT creator, which AMD expects will result in tens of billions of revenue in the coming years. Nvidia's stock, meanwhile, slipped about 1.5% on Monday, which Jim suggested is not a surprising initial reaction considering AMD has worked furiously in recent years to become a more formidable challenger in the red-hot market for power-hungry AI chips. "Nvidia goes down maybe $5, $6 [per share] today. Then you need to buy it, becaus
OpenAI hands AMD a big win in AI chip race. What does it mean for Nvidia?

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