10 High Growth Semiconductor Stocks That Are Profitable Heading into 2025

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

5-year Sales Growth: ~32.17%

TTM net income: $1,826.0 Million

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor company worldwide. Loop Capital analyst, Gary Mobley, believes that the company stands at the cross-section between the changing system hardware architecture of general-purpose compute as well as accelerated compute. Therefore, the analyst, while initiating the coverage, rated the company’s shares as “Buy,” providing a price target of $175. Loop Capital expects that Advanced Micro Devices, Inc. (NASDAQ:AMD) is well-placed to capture 20% of the data center GPU market by 2028, fueling $55-$60 billion in revenue.

While NVIDIA has been holding a dominant position in the AI GPU market, Advanced Micro Devices, Inc. (NASDAQ:AMD)’s emphasis on delivering high-performance, energy-efficient solutions for both AI training and inference workloads continues to gain attention from major cloud service providers and enterprise customers. The company’s open-source approach with its ROCm™ software platform is expected to attract developers, challenging NVIDIA’s proprietary CUDA environment. The introduction of AI-enabled PCs can also act as a catalyst for the client computing segment, fueling a longer upgrade cycle and aiding higher average selling prices.

The company is well-placed to capitalize on this trend given its integrated AI capabilities in future processor designs. Rosenblatt Securities reaffirmed a “Buy” rating on the shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). The firm gave a price target of $250.00 on 28^th October.