AMD (NASDAQ:AMD) may offer the stronger risk-adjusted AI story, while Qualcomm (NASDAQ:QCOM) may offer more upside if Windows on Arm gains traction. If AI PCs become a real multi-year refresh cycle, both companies could benefit, but the investment case looks very different for each stock.
Stock prices used were the market prices of June 29, 2026. The video was published on July 9, 2026. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.