10 High-Potential AI Stocks to Watch Right Now

8. 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 March 3rd, AMD, together with Jio Platforms Limited, Nokia, and Cisco, announced plans to form an innovative, new Open Telecom AI Platform at the Mobile World Congress 2025.

The Telecom AI Platform will be developed to support operators and service providers with real-world, AI-driven solutions, paving the way for unmatched efficiency, security, capabilities, and new revenue opportunities for the industry. The AI Platform will create a new central intelligence layer for telecom and digital services, integrating AI and automation into each layer of network operations. Agentic AI and both Large Language Models (LLMs), domain-specific Small Language Models (SLMs), and non-GenAI machine learning techniques will be used to enable end-to-end intelligence for network management and operations.

“AMD is proud to collaborate with Jio Platforms Limited, Cisco, and Nokia to power the next generation of AI-driven telecom infrastructure. By leveraging our broad portfolio of high-performance CPUs, GPUs, and adaptive computing solutions, service providers will be able to create more secure, efficient, and scalable networks. Together we can bring the transformational benefits of AI to both operators and users and enable innovative services that will shape the future of communications and connectivity.”

-Lisa Su, chair and CEO, AMD.