10 AI Stocks That Will Skyrocket

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

Upside Potential: 63.63%

Number of Hedge Fund Holders: 96

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leader in high-performance computing, providing technology that powers critical services in data centers, PCs, AI, gaming, and edge computing. It offers a wide range of products, including CPUs, GPUs, AI accelerators, FPGAs, APUs, and embedded solutions.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is making strong strides with its Instinct MI400 series, which is tailored for AI workloads. The MI400’s adoption of CDNA Next architecture and chiplet design will enable AMD to compete with Nvidia’s dominance in AI accelerators. AMD’s EPYC server processors have already made substantial inroads in the data center market, and its GPUs in the Instinct line will to further fuel growth in cloud AI applications. AMD’s Waymo partnership highlights its commitment to autonomous driving and AI-powered transportation. As autonomous vehicle technology continues to evolve, AMD’s ability to power AI systems in cars will place it at the forefront of the automotive AI revolution.