Advanced Micro Devices vs. Arm: Which Tech Stock Is a Better Buy in 2026?

Key Points Advanced Micro Devices continues to expand its data center footprint with high-performance AI accelerators and new multiyear infrastructure partnerships. Arm maintains a dominant market position by licensing its energy-efficient architecture, which powers nearly all of the world's smartphones. Which semiconductor stock deserves a spot in your portfolio? 10 stocks we like better than Advanced Micro Devices › Semiconductors power the modern digital world, but choosing between chip designers requires looking under the hood. You might consider whether Advanced Micro Devices (NASDAQ:AMD) or Arm (NASDAQ:ARM) is the better investment today.