Could AMD Be the Nvidia of 2026?
Advanced Micro Devices (NASDAQ: AMD) hasn't fared well in the artificial intelligence (AI) race so far. It has been beaten out by one of its rivals, Nvidia (NASDAQ: NVDA). Nvidia has captured a huge chunk of the AI computing market, with AMD only being around as a much cheaper alternative. Almost nobody was using AMD's platform.
But all that changed with the OpenAI partnership announced a few weeks ago. This announcement gave AMD a huge vote of confidence from one of the leading generative AI players, and could have a massive effect on AMD's business. But is this enough to transform AMD into the next Nvidia in 2026?
Image source: AMD.
Source Fool.com
Advanced Micro Devices Inc. Stock
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