10 Best Gaming Stocks to Invest In According to Billionaires

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

Number of Billionaire Investors: 18

Number of Hedge Fund Holders: 96

Advanced Micro Devices Inc. (NASDAQ:AMD) is an American multinational technology company that has a strong presence in the gaming industry through its graphics processing units (GPUs) and central processing units (CPUs). The company’s Ryzen processors and Radeon graphics cards deliver strong performance and are popular among gamers. AMD’s gaming solutions are used across PCs, consoles, and handhelds. Advanced Micro Devices Inc. (NASDAQ:AMD) ranks among the best gaming stocks to buy.

The company is making strategic moves to capture a larger share of the gaming market by offering new technologies that cater to a broad audience. On January 6, 2025, Advanced Micro Devices Inc. (NASDAQ:AMD) unveiled new processors ahead of CES 2025. These include the Ryzen 9000X3D, Ryzen Z2, and Ryzen 9000HX series, designed for desktop, mobile, and handheld gaming devices. These are powerful and efficient processors that offer exceptional performance for demanding games and creative tasks. Advanced Micro Devices Inc. (NASDAQ:AMD) also introduced its new RDNA 4 architecture, which significantly improves ray tracing capabilities and supports AI-powered upscaling technology to deliver high-quality 4K gaming experiences to mainstream players with the first Radeon 9070 series GPUs. These GPUs were unveiled on February 28, 2025.