Yahoo Finance·2026-01-16 19:27Core Viewpoint - The discussion centers on which AI stock among Alphabet, Microsoft, and Nvidia is likely to be the biggest winner by 2026, with Nvidia being highlighted as the top pick due to its strong demand for its Blackwell architecture and leadership in the AI hardware market [3][6]. Group 1: Company Performance - Nvidia has shown remarkable growth with significant gains in 2023 and 2024, and an expected growth of approximately 35% in 2025 [4]. - Alphabet is regaining momentum through strong AI product releases, while Microsoft is experiencing accelerated growth in its Azure cloud services [6]. Group 2: Market Demand and Supply - Nvidia's Blackwell architecture is facing overwhelming demand and remains supply constrained as new data centers are being built globally [3][6]. - The ongoing construction of data centers indicates that the AI cycle is still in its early stages, suggesting continued demand for Nvidia's products [4]. Group 3: Investment Outlook - Nvidia is favored for its valuation and long-term leadership, with a strong need for its Blackwell chips as data centers expand to meet demand [6]. - Analysts suggest that even a 20% to 30% return in 2026 would be outstanding for Nvidia, reinforcing its position as a desirable investment [4].