Advanced Micro Devices (AMD) and Nvidia (NVDA) are two of the most popular AI chip stocks on Wall Street as demand for data centers, cloud computing, and AI infrastructure continues to surge. While Nvidia continues to dominate the AI GPU market, AMD is positioning itself as a lower-cost challenger. Using TipRanks Stocks comparison tool, we have placed NVDA and AMD against each other to find out which stock analysts prefer now. Here’s a closer look at Wall Street’s latest ratings, price targets, and outlooks for NVDA and AMD stock.
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For context, AMD and Nvidia design high-performance processors and graphics chips used in PCs, data centers, gaming systems, and AI infrastructure. Year-to-date, NVDA stock is up about 15%, while AMD has surged more than 100%.
Latest Analysts’ Views on AMD Stock
- Five-star-rated analyst Tristan Gerra at Robert W. Baird raised his price target on AMD to a Street-high of $625, predicting an upside of over 35%. He highlighted that AMD now expects the server CPU market to grow at a CAGR of more than 35% over the next three to five years, up sharply from its earlier 18% forecast.
- Seaport Research analyst Jay Goldberg upgraded AMD to Buy from Hold with a $430 price target, citing strong near-term demand for its CPUs and improving prospects for its GPU business.
Overall, analysts have a Strong Buy consensus rating on AMD stock based on 27 Buys and eight Holds assigned in the past three months. The average AMD price target of $442.94 per share implies 2.7% downside risk.
Who Is the Best Analyst Covering AMD Stock?
Five-star-rated analyst Kevin Cassidy at Rosenblatt Securities is the most accurate analyst covering AMD over the past three months. He has a success rate of 81% and an average return of 33.05% per trade. On TipRanks, Cassidy is ranked #45 out of more than 12,000 analysts tracked.
Following the earnings, Cassidy also raised his price target to $490 from $300 and reiterated a Buy rating. He called it a “beat-and-raise” quarter, driven by strong server CPU demand as growing adoption of agentic AI continues to improve productivity.
Latest Analysts’ Views on NVDA Stock
- Most recently, Bernstein five-star-rated analyst David Dai maintained a Buy rating on NVDA with a $300 price target. He highlighted Nvidia’s upcoming Vera Rubin platform, expected in the second half of 2026, as a major performance upgrade and said the stock still appears attractively valued relative to its strong earnings growth.
- Analyst Timothy Arcuri also reiterated a Buy rating on Nvidia with a $245 price target. He said Taiwan’s April export slowdown likely reflects normalization after a very strong March rather than weakening demand. Arcuri added that exports linked to data processing equipment remain historically elevated, signaling continued strong AI-driven demand that should support Nvidia’s data center business.
Overall, analysts have a Strong Buy consensus rating on NVDA stock based on 40 Buys, one Hold, and one Sell assigned in the past three months. The average Nvidia price target of $274.38 per share implies 27.5% upside potential.
Who Is the Best Analyst Covering NVDA Stock?
DBS Bank’s top-rated analyst, Fang Boon Foo, is the most accurate analyst covering NVDA over the past three months. He has a success rate of 83% and an average return of 24.16% per trade. On TipRanks, Foo is ranked #270 out of more than 12,000 analysts tracked, adding more credibility to his bullish view on Nvidia stock.
Last month, Foo raised his price target on NVDA from $220 to $250, saying demand for Nvidia’s Hopper and Blackwell AI chips is expected to remain above supply through fiscal 2026. In other words, customers are still seeking more AI chips than Nvidia can currently produce.
Conclusion
Both NVDA and AMD remain top AI chip plays on Wall Street, but analysts currently appear more bullish on Nvidia. NVDA not only carries a stronger consensus rating but also offers significantly higher implied upside based on analyst price targets.
That said, AMD continues to gain momentum with improving AI and server CPU demand, and several analysts have recently turned more optimistic on the stock following its strong earnings report. For investors seeking the dominant AI leader with stronger analyst conviction, Nvidia still appears to be the preferred pick. Meanwhile, AMD may appeal more to investors looking for a potential challenger with long-term growth opportunities in the expanding AI market.