10 AI News Investors Probably Missed

2. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) develops semiconductors, providing processors and graphics technologies for gaming, data centers, and AI-driven high-performance computing. On January 29, Susquehanna reduced its price target for AMD to $165 from $200, maintaining a Positive rating on the stock. The firm expects generally in-line quarterly results, with potential upside from Server and PC segments. However, it highlighted the likely removal of the full-year MI300 guidance, which could be a slight negative for AMD AI supporters.