Nvidia vs AMD: AI Chip Race Intensifies in Q4 2025
Nvidia and AMD continue their fierce competition in the AI semiconductor space, with both stocks delivering strong YTD performances. AMD's 78% surge outpaces Nvidia's 35% gain, yet Nvidia maintains dominance through its Blackwell hardware platform.
AMD's upcoming MI400 series—featuring rack-scale 72-processor configurations—could disrupt Nvidia's lead. Raymond James analyst Simon Leopold notes both companies stand to benefit from AI-driven demand: "We are AI bulls and believe logic semiconductors will contribute to global secular growth."
Market skepticism persists regarding ROI from vendor financing arrangements, but current conditions favor continued upside for semiconductor stocks. The MI450 server solution may position AMD for its strongest challenge yet to Nvidia's AI supremacy.