14 AI News Investors Are Paying Attention To

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

Market Capitalization: $240 Billion

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. On November 11, investment advisory Jefferies highlighted AMD in an investor note about the AI industry. Analysts at the advisory were of the opinion that the stock was something of a show-me story, noting that they were starting to see customers react positively on the AI front, including Meta and Microsoft. AMD is now starting to produce meaningful volumes, the analysts added, as evidenced by the fact the Dr. Lisa Su-led company recently upped its revenue guidance for AI products to $5 billion for 2024.

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