Okay, so there are two big companies that make special computer chips called AI chips. These chips help computers think and learn better. One company is called Nvidia and the other is called AMD. Right now, people really like Nvidia's chips because they work very well and many people want to buy them. That makes Nvidia's stock go up a lot. On the other hand, some problems make it harder for AMD to sell their chips in China, which means fewer people want to buy them. That makes AMD's stock go down a bit. Some experts think that Nvidia will keep doing better than AMD in making these special chips, at least for the next few years. Read from source...

1. The title is misleading and sensationalized. It implies that AMD's AI ambitions are questionable or in doubt, while the article mostly presents facts about Nvidia's dominant position and market performance, without addressing AMD's actual potential or strategy in AI.
2. The article uses vague terms like "AI chip" and "AI momentum" without defining them or providing clear examples of how they are measured or evaluated. This creates confusion and ambiguity for the reader who might not be familiar with the technical aspects of AI hardware and software.
3. The article relies heavily on Wall Street estimates and forecasts, which are often subject to change and uncertainty, especially in fast-moving and competitive markets like AI. These sources do not provide independent or objective evidence for the claims made by the article, but rather reflect the opinions and expectations of investors and analysts who have their own agendas and biases.
4. The article mentions that AMD's MI300 chip series is tailored for China, but does not explain why this is a disadvantage or a challenge for AMD in the global AI market. It also does not acknowledge that Nvidia faces its own regulatory and political hurdles in various regions, such as Russia, where it has been banned from selling some of its products due to sanctions.
5. The article implies that Nvidia is the only player who can benefit from the AI boom, while ignoring other competitors and innovators in the field, such as Google, IBM, Intel, or startups like Cerebras Systems, Graphcore, or SambaNova. This creates a false impression of Nvidia's dominance and monopoly, and overlooks the possibility of new entrants or disruptors in the AI market.

Bullish on Nvidia, bearish on AMD.

Reasoning:
The article highlights the growing dominance of Nvidia in the AI market, with its revenues expected to jump 80% this fiscal year and Wall Street identifying it as the leading near-term winner in AI. On the other hand, AMD faces restrictions from U.S. officials on selling its MI300 chip series in China, which is a major market for such products. This puts AMD at a disadvantage compared to Nvidia, which does not face such restrictions. Additionally, the article mentions that investors can gain exposure to Nvidia through various ETFs, further indicating its strong performance and potential for growth.