10 AI Stocks Trending on News and Analyst Ratings

7. 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 11, the company announced that it had signed a Letter of Intent (LOI) with the Commissariat à l’énergie atomique et aux énergies alternatives (CEA) of France to collaborate on the future of AI compute. Both organizations will leverage their strengths to develop energy-efficient systems that support intensive AI workloads across fields such as medicine and energy. The two organizations are also planning a symposium on the future of AI compute in 2025, convening European stakeholders and global technology providers, universities, startups, supercomputing centers, and policymakers to fast-track collaboration around AI computing technologies.

“AI computing continues to drive innovation across industries, and international collaboration is critical to pushing the boundaries of what’s possible. Through this collaboration with CEA and leading French engineers, we aim to bring cutting-edge AI research closer to real-world applications by advancing system architectures that meet the demands of tomorrow’s AI workloads, while growing the joint research and development opportunities between the U.S. and France.”

-Ralph Wittig, Corporate Fellow and head of research, AMD.