14 AI Stocks to Watch According to Latest News and Ratings

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

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. El Capitan, a supercomputer powered by AMD Instinct MI300A APUs, has become the fastest supercomputer in the world. The supercomputer achieved a High-Performance Linpack (HPL) score of 1.742 exaflops to achieve the number one spot. The AI-capable processors that power the supercomputer are used by governmental agencies in the US and provide significant computational power while maintaining energy efficiency, which is crucial for large-scale simulations and modeling tasks.

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