Key Points Nvidia has outperformed AMD over the past five years. It should stay ahead of its smaller competitor for the foreseeable future. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) and AMD (NASDAQ: AMD) hold a near-duopoly in discrete GPUs. Nvidia controlled 90% of the discrete GPU market in the second quarter of 2026, according to Jon Peddie Research, while AMD held an 8% share. Nvidia clearly dominates the market, but AMD's focus on cheaper chips has kept it in the race for the past two decades. In the past, Nvidia and AMD mainly focused on the PC gaming market.
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