10 Best Semiconductor Stocks With The Highest Upside Potential

7. Advanced Micro Devices Inc. (NASDAQ:AMD)

Upside Potential: 37.78%

Market Capitalization: $172.14 Billion

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.

The company is focusing on high-performance hardware and software solutions, collaborative partnerships, and compelling user experiences. Advanced Micro Devices Inc. (NASDAQ:AMD) aims to be a leader in the AI-driven computing era, with a focus on accelerating AI product deployment across cloud, edge, and end devices. The company is also focusing on growing its Data Center segment. Its ongoing investments in AI, software, and strategic acquisitions aim to maintain leadership in the rapidly evolving tech landscape. Analysts expect the company’s Earnings Per Share (EPS) to more than double over the next three years on the back of margin expansion.

The company recently launched the 5th Gen AMD EPYC Embedded Processors. This is likely to drive improvements in performance, efficiency, and flexibility, enabling companies to enhance computing power in embedded systems, edge computing, and AI-driven applications.