2 Stocks Poised to Mirror Nvidia’s Meteoric Rise by 2026
Nvidia's staggering 1,200% return since 2020 has set a new benchmark in tech investing. The AI chipmaker's dominance stems from relentless innovation and surging global demand, attracting both retail and institutional capital.
Advanced Micro Devices emerges as a formidable challenger, with its Instinct MI-series GPUs gaining traction against Nvidia's offerings. AMD shares have already surged 80% this year, trading NEAR $217, as the company positions itself at the forefront of AI hardware development.
Qualcomm enters the arena with specialized AI200 and AI250 chips designed for inference workloads. While currently overshadowed by Nvidia's success, these strategic moves signal intensifying competition in the semiconductor space.