Advanced Micro Devices (AMD) and Nvidia (NVDA) are top contenders in the gaming GPU and AI markets. Nvidia has seen a 1,110% rise since 2023, while AMD has risen 209%. However, AMD has outperformed since 2025, with a 65% increase compared to Nvidia’s 30%. Which will be the better stock for 2026?

Nvidia has a strong foothold in the AI space with its GPUs outperforming AMD’s offerings. Although AMD has improved, Nvidia remains the top choice. Expectations are high for Nvidia, with analysts predicting a 67% growth rate in Q4. Despite AMD’s growth, Nvidia’s data center revenue is expected to increase by around 70%.

AMD trades for 30 times forward earnings, while Nvidia trades for 23 times forward earnings. Nvidia is a more cost-effective option despite AMD’s growth. Investors may find Nvidia a better pick for 2026. The Motley Fool Stock Advisor team has identified 10 top stocks to buy now, with Nvidia not making the list. Join an investing community for potential monster returns.

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