9 Trending AI Stocks on Latest News and Ratings

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

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) specializes in semiconductor solutions, focusing on AI-driven products for data centers, gaming, and embedded systems.

On December 17, Wolfe Research reported that the outlook for AMD heading into January earnings is challenging. There is uncertainty about meeting the $10 billion AI revenue expectations, with guidance of $7 billion potentially leading to concerns if it isn’t raised later. AMD is unlikely to provide clear AI guidance for CY25, which could raise doubts. Additionally, the firm expects a downside to Q1 estimates due to weak seasonality in the PC market following a strong Q4. A recovery in AMD’s subsidiary XLNX is anticipated in the second half of 2025, rather than the first half. The firm is reassessing its rating and estimates.