TD Cowen Says This Chip Stock (Not Nvidia) Is the Best Idea for 2026

Nvidia (NVDA) continues to dominate headlines in the AI segment in 2025. However, TD Cowen believes investors should look elsewhere for the best opportunity in 2026. The investment firm has placed Advanced Micro Devices (AMD) on its coveted Best Ideas list, explaining that the chipmaker is being unfairly overlooked despite its widening AI moat. TD’s bullish stance centers on AMD’s upcoming product launches, including the Helios rack-scale platform and the MI450 accelerator, both expected in mid-2026. Thes ...