Zacks Investment Ideas feature highlights: Nvidia's

AMD and Nvidia both reached all-time highs, but their paths diverged significantly in 2026. AMD's 200% year-to-date rally is backed by major contracts from OpenAI and Oracle for MI450 GPUs, with Q2 data center revenue hitting $6.7 billion (up 100% YoY). Nvidia's return to record territory was driven by a $150 billion buyback authorization rather than product announcements, signaling management confidence in valuation. Both companies are set to report Q3 results in November, with AMD guiding $13B revenue (41% YoY growth) and Nvidia guiding $108B revenue (90% earnings growth expected).