A $10,000 investment in AMD stock 10 years ago would be worth more than $395,000 today. At that time, AMD shares traded in the $3.80 per share range, so $10,000 would have gotten an investor 2,631 shares.

Advanced Micro Devices, Inc.'s MI300 accelerator is driving big data center sales growth, narrowing the Nvidia gap. Find out more on AMD stock here.

AMD and Nvidia are in a fierce competition to dominate the growing AI market, with Nvidia having a first-mover advantage. While both stocks show bullish momentum, Nvidia's technical indicators suggest a stronger long-term outlook.