AMD stock faces its next big test in 2026

For the better part of the last decade, Advanced Micro Devices (AMD) lived in Nvidia’s shadow. In 2025, that changed. AMD stock took off handsomely (up 78% year-to-date), as Mr. Market stopped calling it “the alternative.” The tech giant landed major AI deals in proving its mettle as more than just a CPU turnaround story. Despite Nvidia’s dominance in the AI chip space, the narrative has shifted to how much market share AMD can realistically capture. That matters a great deal because breakthrough year ...