Let’s take a look at this trio and rerank them for the rest of 2026 and into 2027. <\/p>\n
All three of these stocks are being heavily spurred on by massive AI spending. AMD and Nvidia approach this problem from the same perspective, as each offers graphics processing units (GPUs) that excel in computing scenarios with variable, complex workloads. However, Nvidia’s products have downright dominated the field to date, and it holds a commanding lead in the data center space. <\/p>\n Broadcom is taking a completely different approach. Instead of a broad-purpose computing unit like a GPU, it has partnered directly with a handful of AI hyperscalers to design a custom AI chip tailored to the workloads each firm sees. This creates a chip that often offers better cost-performance than GPU-based computing, driving its rising popularity. <\/p>\n Broadcom expects major growth next year as new clients launch their custom AI chips. Currently, Broadcom’s major customer is Alphabet, with its Tensor Processing Units (TPUs). However, Broadcom is also making custom AI chips for Meta Platforms, Anthropic, and OpenAI, and production for those chips is scheduled to ramp up late this year and into next. <\/p>\n So, which of these is the best horse to back from a business approach? I’m still bearish on AMD, as it has a major uphill battle to win space in data centers when so many ecosystems have already been developed around Nvidia’s. Between Nvidia and Broadcom, it’s tough because many companies will stick with GPU-based training for its flexibility. Still, custom AI chips will likely become quite popular over the next few years as AI hyperscalers look to optimize their spending. As a result, I’m giving this one to Nvidia and Broadcom as a tie. <\/p>\n Story Continues <\/p>\n Winners: Nvidia and Broadcom <\/p>\n Nvidia is still dominating the growth game <\/p>\n From a growth standpoint, Nvidia still stands alone at the top, growing far faster than the other two. <\/p>\n Looking ahead, the market still expects Nvidia to maintain its lead for the full fiscal year, though Broadcom is starting to close the gap. <\/p>\n AMD is still well behind Nvidia, and while I think\u00a0Broadcom is still a strong pick,\u00a0Nvidia will likely retain its rapid-growth\u00a0title for some time.<\/a> <\/p>\n Winner: Nvidia <\/p>\n AMD’s stock is outrageously expensive <\/p>\n Lastly, let’s look at valuation. Because all three of these stocks are rapidly growing, the best way to value them is by using earnings projections. For the current fiscal year, AMD’s stock is far more expensive than either Broadcom’s or Nvidia’s. Furthermore, Broadcom is also more than 50% more expensive than Nvidia’s. <\/p>\n If we use next fiscal year’s projections, the trend remains the same: Nvidia’s stock looks dirt cheap compared to the other two. <\/p>\n Clearly, Nvidia is the winner here as well. <\/p>\n Winner: Nvidia <\/p>\n Investors should sell AMD shares for Nvidia shares <\/p>\n I think the biggest takeaway here is that AMD’s 2026 rally has likely gotten ahead of itself, and investors are discounting Nvidia far too much, as its display is being far more successful than AMD’s. Broadcom is still a solid stock pick with strong growth head, but it just isn’t as good a deal as Nvidia right now. <\/p>\n Should you buy stock in Nvidia right now? <\/p>\n Before you buy stock in Nvidia, consider this: <\/p>\n The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a010 best stocks<\/a> for investors to buy now\u2026 and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. <\/p>\n Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $395,679!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,294,805!* <\/p>\n Now, it’s worth noting\u00a0Stock Advisor’s total average return is 929% \u2014 a market-crushing outperformance compared to 211% for the S&P 500.\u00a0Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built by individual investors for individual investors. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of July 12, 2026. <\/p>\n Keithen Drury<\/a> has positions in Alphabet, Broadcom, Meta Platforms, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Broadcom, Meta Platforms, and Nvidia. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: Getty Images. AMD and Nvidia are competing in the same field <\/p>\n
<\/a> Data by <\/a>YCharts.<\/a> <\/p>\n
<\/a> Data by <\/a>YCharts.<\/a> <\/p>\n
<\/a> Data by <\/a>YCharts.<\/a> <\/p>\n
<\/a> Data by <\/a>YCharts.<\/a> <\/p>\n