Nvidia and AMD are both thriving in AI chips, but Nvidia is positioned to dominate the next wave spanning CPUs, robotics, and beyond.

What happened: Nvidia reported 85% revenue growth and AMD reported 38% revenue growth in the latest quarter, with both stocks climbing more than 300% over the past three years. Nvidia has now developed its first stand-alone CPU for data centers and a superchip for personal computers—both set to launch in the second half of this year—signaling expansion beyond its traditional GPU strength.

Why it matters: The AI industry is shifting from GPU-focused work toward agentic AI (software that reasons through problems and takes multiple steps to solve them), which relies heavily on CPUs. While AMD has historically dominated the CPU market, Nvidia's early moves into data-center CPUs and its entrenched market position in AI suggest it may dominate CPUs in the AI segment, not just GPUs.

What to watch: Robotics is emerging as a potential future growth driver. Nvidia's chief said humanoid robots may represent a $40 trillion（約6400兆円） opportunity. Nvidia launched its Jetson Thor robotics computer last year and reports that more than 2 million developers use the company's robotics stack, positioning it ahead of AMD in this high-potential market.