Prediction: 2 Stocks That Will Be Worth More Than AMD 5 Years From Now

Cerebras Systems and Marvell Technology are two stocks that analysts predict could be worth more than AMD within five years. Cerebras takes a unique approach to AI by building a large chip designed to accelerate AI computation and make it less complex. This approach is gaining importance as AI moves towards autonomous agents and coding assistants, which require fast answers.

Cerebras' revenue has been growing rapidly, with a more than doubling in the second quarter of 2026 and nearly quadrupling in cloud revenue. Management expects core revenue to triple by 2027. If Cerebras continues to double its revenue annually, it could reach $28 billion by 2031, compared to Marvell's $70 billion-$90 billion target.

Cerebras has formed partnerships with OpenAI, AMD, and AWS, which could further boost its demand. However, Cerebras faces risks such as customer concentration and competition from established chipmakers.

Marvell Technology, on the other hand, is pursuing a different strategy to gain a larger share of AI compute. It supplies custom chips and high-speed connections for AI data centers, supplying the infrastructure that keeps data centers running. As cloud companies design more specialized chips for their workloads, Marvell is positioned to benefit from this shift.

The company has established relationships with major cloud providers like Alphabet, Microsoft, and Meta Platforms, which could provide opportunities for supply and growth. Marvell's focus on optical networking and data center connectivity also positions it well for the challenges of expanding AI clusters. Marvell aims to 10x its revenue by fiscal 2031, and its established business and global relationships with cloud companies make it a strong contender.

While both Cerebras and Marvell have the potential to surpass AMD in value, Cerebras carries higher risks due to customer concentration and a high valuation.