I’m Not Buying Nvidia Right Now. These 2 Growth Stocks Are the Smarter AI Supercycle Play. | The Motley Fool

I’m Not Buying Nvidia Right Now. These 2 Growth Stocks Are the Smarter AI Supercycle Play. | The Motley Fool

By Geoffrey Seiler
Publication Date: 2026-04-13 18:45:00

Nvidia (NVDA 0.04%) has undeniably been one of the best growth stocks to own over the past several years. The company has seen parabolic growth over the past five years and has established itself as the dominant player in the artificial intelligence (AI) infrastructure space.

The company did not just stumble into the position it finds itself today, but it was carefully plotted and planned for years before AI hit the mainstream. It is that forward-looking nature that I believe will continue to make Nvidia a winner moving forward.

While it is already the largest company in the world, I think there are better ways to play this AI supercycle right now. Let’s look at two AI stocks I have bought instead.

1. Advanced Micro Devices

Today’s Change

(0.68%) $1.66

Current Price

$246.70

Advanced Micro Devices (AMD +0.68%) is the distant No. 2 player to Nvidia in the graphics processing unit (GPU) market; however, it is at the convergence of two important trends: inference and agentic AI.

The first phase of AI was all about providing the muscle to train large language models (LLMs). This is why Nvidia, with its GPUs and CUDA software platform, where most foundational AI code was originally written, has dominated the market. However, inference, where AI models draw on what they’ve been trained on, is projected to become a much larger part of the market. Inference is not…