12 AI News Investors Probably Missed

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

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs semiconductors, offering processors and graphics solutions for gaming, data centers, and AI-focused high-performance computing.

On January 27, DBS analyst Amanda Tan maintained a Buy rating on AMD stock with a $200 price target, as per TipRanks. The firm noted the company’s strong position in the data center market and growth potential driven by rising AI demand. AMD’s market share is expanding through its 4th Gen EPYC processors, and its future roadmap includes new AI-focused products. The acquisitions, like Xilinx, strengthen its revenue and margin prospects. While facing challenges in gaming and embedded sectors, AMD’s outlook remains positive.

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