6. 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 February 28, the company unveiled its much-awaited AMD RDNA™ 4 graphics architecture with the launch of the AMD Radeon™ RX 9070 XT and RX 9070 graphics cards as a part of the Radeon™ RX 9000 Series. Supercharged with artificial intelligence, these new graphic cards feature 16GB of memory and significant improvements that deliver enthusiast-level gaming experiences.
Its re-vamped raytracing accelerators and powerful AI accelerators ensure cutting-edge performance and exhilarating gaming experiences, delivering up to 40% higher gaming performance than the previous RDNA 3 architecture. The graphics cards will be available at leading board partners including Acer, ASRock, ASUS, Gigabyte, PowerColor, Sapphire, Vastarmor, XFX and Yeston beginning March 6th, 2025.
“Today, we’re thrilled to unveil the AMD Radeon™ RX 9000 Series, a significant leap forward in graphics performance powered by our next-generation AMD RDNA™ 4 architecture. These GPUs are designed to meet the demands of today’s games, delivering enthusiast-class gaming experiences to gamers everywhere, while ready to support tomorrow’s innovations. Through the power of advanced AI and Raytracing accelerators, we’re not just improving frame rates – we’re fundamentally enhancing the gaming experience. Offering incredible performance, AI-powered features, and next-gen display support at competitive price points, the Radeon RX 9000 Series delivers exceptional value for gamers looking to upgrade their systems.”
-David McAfee, CVP and GM, Ryzen CPU and Radeon Graphics AMD.
