Nvidia dominates the AI chip market, but Advanced Micro Devices (AMD) is gaining ground with opportunities in PCs, servers, and gaming consoles. AMD’s diverse product offerings could lead to bigger gains than Nvidia by 2030, supported by robust earnings growth and market potential.

AMD’s AI potential extends beyond data centers to include personal computers, gaming consoles, and industrial applications. Revenue growth in these markets is expected to drive momentum through 2030, with AMD already showing strong results in the second quarter of 2025. Its market share in PC processors and server CPUs is increasing, positioning the company for significant growth.

With a focus on AI-capable processors and strong customer partnerships, AMD’s server business is expected to see outstanding growth. The upcoming launch of next-generation gaming consoles from major companies like Microsoft and Sony will further boost AMD’s revenue and earnings potential over the next five years.

Analysts forecast steady earnings growth for AMD through 2027, with a projected bottom line of $11.30 per share by 2030. If the stock trades at 30 times earnings, potential gains of 109% are expected by 2030, surpassing what Nvidia may deliver. AMD’s strong performance in diverse markets and product segments make it a promising investment opportunity for the future.

Read more at Nasdaq: Prediction: This Artificial Intelligence (AI) Stock Will Outperform Nvidia by 2030