This Artificial Intelligence (AI) Stock Just Landed a Deal Worth Over $100 Billion. Is It a Buy?

2026-03-15 01:25:00 ET

Nvidia (NASDAQ: NVDA) leads the pack in terms of data center computing hardware. Per IOT Analytics' estimates, Nvidia controls a 92% share of the market. That makes all the major artificial intelligence (AI) models dependent upon Nvidia graphics processing units (GPUs) to a high degree.

OpenAI, Anthropic, and more all need the company's products, and Nvidia has profited handsomely from it. Today, it's the world's most valuable company by market cap.

But, as the saying goes, don't put all your eggs in one basket. Nvidia has competitors like Alphabet with its Tensor Processing Unit (TPU) or the subject of this article, Advanced Micro Devices (NASDAQ: AMD) , better known by its initials and symbol, AMD.

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