15 AI Stocks That are Making Headlines

Page 9 of 15

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

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. On November 26, tech news platform DigiTimes reported that the chipmaker had inaugurated a research and development center in India while affirming a previous commitment to invest the $400 million in the Asian country. AMD CEO Lisa Su, while on a tour of the country last week, had pledged to increase investments in India and referenced the design lab in the country as one of the most important AMD assets globally. The company is also building two supercomputers in India specifically for weather forecasting, per the report.

Page 9 of 15