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Nvidia's AI Growth Already Priced In, AMD Still Has Room to Gain: Constellation Research

2026-07-26 03:58:20

NVDA-0.83%

AMD-3.29%

MSFT0.06%

AMZN-0.64%

META-1.78%

According to Constellation Research chairman Ray Wang, interviewed by CNBC and reported by Seeking Alpha, Nvidia's growth potential is largely reflected in its current valuation, but other AI beneficiaries remain undervalued. Wang highlighted that AMD still has significant upside, citing expanding data center demand and potential declines in computing and energy costs. He noted that tech giants including Microsoft, Alphabet, Amazon, and Meta will continue heavy AI capital spending despite market skepticism, driven by a competitive "winner-take-all" dynamic and stable core business cash flows.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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