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AMD Stock Has Blown Past Nvidia This Year. Is It Still the Better Buy?

Chip stocks have been doing well in recent years due to artificial intelligence (AI), and while Nvidia has typically outperformed AMD, the tide has turned over the past year.

AMD Stock Has Blown Past Nvidia This Year. Is It Still the Better Buy?

Published September 22, 2026 · Category: Finance

Overview

Advanced Micro Devices (NASDAQ:AMD) recently joined the trillion-dollar club, as the stock has been on an absolute tear this year, rising by nearly 190% thus far in 2026. By comparison, longtime rival Nvidia (NASDAQ:NVDA), which has a market cap of around $5.5 trillion, has risen at a more modest rate of 23%.

AMD is a fraction of the size of Nvidia, but it also isn't nearly as big in terms of the revenue or profit it generates. Is it still the better buy moving forward, or are investors better off going with Nvidia instead?

Image source: Getty Images.

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Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.