By Keith Speights
Publication Date: 2025-12-17 06:44:00
Two hungry challengers appear to have their eyes on Nvidia’s throne.
Lions reign as king of the jungle (although “king of the savanna” would probable more more accurate). Elvis is still the king of rock and roll. Michael Jackson remains the king of pop. However, if the subject is chips that power artificial intelligence (AI) applications, I’d say Nvidia (NVDA +0.99%) is the king.
But the king’s perch on the throne just might be at least a little shaky as the new year approaches. Should Nvidia worry about Advanced Micro Devices (AMD +0.77%) and Google parent Alphabet (GOOG 0.51%) (GOOGL 0.49%) breathing down its neck in 2026?
Image source: Nvidia.
AMD’s ambitious plans
In November, AMD revealed a strategy to lead the $1 trillion AI and high-performance computing market. The company plans to deliver a revenue compound annual growth rate (CAGR) of greater than 35% over the next three to five years. AMD aims to achieve a revenue CAGR of more than 60% for its data center business.
Such ambitious plans are reminiscent of baseball legend Babe Ruth pointing to deep center field. You only make that kind of move unless you’re confident you can back it up. Ruth, of course, proceeded to hit a home run. Can AMD deliver on its growth strategy? It’s a definite maybe.
Today’s Change
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Current Price
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Key Data Points
Market Cap
$341B
Day’s Range
$205.11 – $210.22
52wk Range
$76.48 – $267.08
Volume
23M
Avg Vol
56M
Gross Margin
44.33%
The company is already making progress toward its…
