Morgan Stanley analyst Joseph Moore picked his top artificial intelligence (AI) stock between Nvidia (NVDA) and Advanced Micro Devices (AMD) after both companies showcased their latest technologies at the CES 2026 event.
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Moore was much more impressed by Nvidia, with its new Rubin platform emerging as the “standout theme.” He noted that Nvidia delivered a “decidedly positive” keynote that highlighted surging momentum in AI hardware, automotive, and robotics.
In contrast, Moore noted that AMD offered little fresh news on its MI450 series, though testimonials signal a growing ecosystem around its products.
Moore is a five-star analyst on TipRanks, ranking #211 out of 10,176 analysts tracked. He has a 62% success rate and an average return per rating of 18.70%. Per his last stock review, Moore had a “Buy” rating on NVDA, with a $250 price target (33% upside potential). Meanwhile, he had a “Hold” rating on AMD and a $260 price target, reflecting 21.3% upside.
Huang Devotes More Time to Rubin
Moore noted that Nvidia CEO Jensen Huang surprisingly spent more time on Nvidia’s new Rubin platform than expected at CES, a show usually focused on consumer gadgets. He predicts that Rubin “will again raise the bar for performance,” with big improvements in GPU (graphics processing units), CPU (central processing units), networking, and software. Huang spotlighted new BlueField DPUs, Rubin CPX offerings, and an inference memory platform poised to boost transactions per second (TPS) by up to 5x compared to traditional storage.
Moore also noted Nvidia’s manufacturability strides, with Rubin already in full production, and assembly times slashed to about 5 minutes from 2 hours for the prior Blackwell platform. The first rack is rolling out, with big revenue expected in late 2026. Moore noted that demand for AI and Rubin is “skyrocketing,” despite memory shortages. Nvidia still sees China demand, but H200 licensing is pending.
In cars, Nvidia showed a new “reasoning-enabled” self-driving model and updates on its Mercedes-Benz deal.
No Fresh News to Alter Debate Around AMD Stock
Moore was a bit disappointed as AMD offered little fresh news on its next-gen MI450 AI GPU series, though he noted that customer testimonials point to a strengthening ecosystem around its products. Moore stated that “We didn’t hear much that alters the debate around AMD stock.” Meanwhile, AMD remains confident in its upcoming MI455 as a flagship AI chip, anchored by OpenAI as a key customer. This positions the company for a strong production ramp in Q3 and Q4 of 2026.
Nonetheless, Moore sees AMD’s recent wins as driven more by booming overall demand for AI compute power than a proven total cost of ownership (TCO) advantage over competitors like Nvidia. Moore concluded by stating that for long-term success in the cutthroat AI chip race, AMD will need to innovate further as Nvidia pushes ahead across the entire technology stack, from hardware to software.
NVDA vs. AMD: Which Is the Better Tech Stock?
The TipRanks Stock Comparison Tool shows that analysts currently have assigned a “Strong Buy” consensus rating on both companies, with NVDA offering a higher upside potential over the next twelve months.
