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 ...

Core Insights - Advanced Micro Devices, Inc. (AMD) is recognized as one of the top 15 American tech stocks to invest in currently [1] - The company holds a significant 41% share of the server CPU market and aims to capture a 20% share in the GPU market [2] - AMD forecasts a $500 billion AI-accelerated total addressable market, which is gaining credibility with the rise of AI adoption [3] Market Position and Growth Strategy - AMD plans to launch the MI450 GPU series next year, which is expected to generate substantial revenue [4] - The company is focused on seamless integration of new products into customer infrastructures, indicating a strategic approach to market expansion [4] Industry Context - AMD specializes in GPUs, microprocessors, and high-performance computing solutions, serving diverse markets including gaming, data centers, and AI [4]