Nvidia vs. AMD: Which AI Stock Will Reign Supreme in 2026?

Nvidia (NVDA) has maintained a significant lead in the artificial intelligence (AI) chip market due to its early entry and first-mover advantage. AMD (AMD) has struggled to catch up despite trying to close the gap in the past three years. However, AMD has outperformed Nvidia in 2025 with an 82% jump in its stock price compared to Nvidia's 34% appreciation. AMD's revenue has jumped 35% in the first nine months of 2025, and the company expects to achieve more than 35% annual growth for the next three to five years, driven by market share gains in the data center market.