[Bank of America: AI Server Chip Market Growing Faster Than Expected, AMD and NVIDIA Remain Top Picks] BlockBeats News, August 15 – Following a sharp decline in the semiconductor sector in July, buying interest has returned, and Bank of America's latest assessment further reinforces the logic behind this rebound. The bank believes that demand for AI computing and memory is stronger than previously anticipated, and there is still room for upward revision in the growth trajectory of the AI server chip market. AMD and NVIDIA remain the most representative top picks. Bank of America's core view is that the market had previously been overly concerned about cloud providers cutting AI capital expenditures. However, recent earnings reports and guidance indicate that investments in AI infrastructure are continuing. Cloud providers such as Microsoft and Amazon are continuing to signal strong demand, with recovery observed across the server, GPU, networking, storage, and power supply chains. The bank is optimistic about AMD because its combination of AI accelerators and server CPUs is expected to benefit from customer diversification. It remains bullish on NVIDIA due to its product ecosystem, supply chain control, and next-generation platforms, which are expected to maintain its industry-leading position.