AMD is trying to make a dent in the AI graphics card market, but will it be able to eat into Nvidia's market share?

An ASML warning about the health of the semiconductor market is one factor weighing on AI chip stocks Tuesday — but one analyst says Nvidia investors shouldn’t be worried.

The U.S. reportedly could cap sales of advanced artificial intelligence chips from U.S.-based chipmakers to certain countries, including those in the Middle East.

Since early last year, investors have been bullish about the potential of artificial intelligence (AI), scooping up shares of companies best positioned to profit from this next-generation technology.

The question is, can this new chip help AMD become the next big AI winner? AMD has steadily increased its revenue for data center GPUs this year from an original forecast of more than $3.5 billion to most recently $4.