When Nvidia (NVDA) rival AMD (AMD) uncorks its earnings report later today, it's reasonable to expect a whole lot of bullishness. AMD has been knocking it out of the park for more than two years amid strong demand for its AI chips. Yahoo Finance AlphaSpace data diveAMD has earned its rockstar status with investors, which a casual dive on Yahoo Finance AlphaSpace quickly uncovers. AMD also committed to invest up to $5 billion in Anthropic, marking one of the chipmaker's largest strategic investments ever. The two companies will work together to optimize Anthropic's Claude AI models for AMD hardware and accelerate development of AMD's ROCm software platform.