14 AI Stocks Making Waves on Wall Street

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

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) is recognized for its semiconductor products, offering processors and graphics units for data centers, gaming, and embedded systems. The company focuses on providing high-performance computing solutions tailored for AI-powered applications.

AMD announced that its Ryzen AI PRO processors will power new Dell Pro devices, marking a milestone in their collaboration. The devices will be the first commercial PCs from Dell which will feature AMD’s Ryzen AI PRO processors, which are designed to improve business productivity with features like live captioning, language translation, and AI-driven image generation. The processors offer advanced AI capabilities, strong performance, and improved efficiency, privacy, and connectivity. Dell’s new Pro portfolio will include both notebooks and desktops equipped with these processors, and will support better battery life, AI-driven experiences, and productivity for enterprise users.

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