Once the king of chipmakers, Intel (NASDAQ: INTC) has been dethroned by Nvidia (NASDAQ: NVDA). However, the real threat comes from Advanced Micro Devices (NASDAQ: AMD) in the AI market.

Intel’s stock soared in 2025 but plummeted in 2026, with a 4% revenue decline. AMD, on the other hand, is gaining market share and expects 80% revenue CAGR.

AMD is challenging Intel in server and desktop CPU markets and Nvidia in GPUs. Their revenue is surging, while Intel’s is declining, making them a strong contender in the AI era.

Investors may find better opportunities in AMD over Intel, with a potential 14% upside in stock price. The Motley Fool’s top 10 stock picks don’t include AMD, but historical returns show potential for massive gains.

Read more at Nasdaq: Forget Intel: This Agile Chip Challenger Looks Far Better Positioned for the Next Wave of AI Growth