15 Tech Stocks with Best Earnings Growth in 2025

9. Advanced Micro Devices Inc. (NASDAQ:AMD)

Expected EPS Growth Next FY: 43%

Number of Hedge Fund Holders: 96

Advanced Micro Devices Inc. (NASDAQ:AMD) is a semiconductor company that designs and manufactures high-performance computing and graphics solutions. Its product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions for various applications, including data centers, gaming, and embedded systems. It has gained significant market share in the CPU and GPU markets, competing directly with Intel Corp. (NASDAQ:INTC) and NVIDIA Corp. (NASDAQ:NVDA).

According to a Bloomberg report on February 22, citing individuals familiar with the situation, Advanced Micro Devices Inc. (NASDAQ:AMD) is in negotiations to sell some of its data center manufacturing plants. The company acquired these facilities in August of the previous year as part of its acquisition of ZT Systems for $4.9 billion. The potential sale may not be surprising, considering Advanced Micro Devices Inc. (NASDAQ:AMD) had announced last year its intention to divest the manufacturing business to avoid competition with its customers, such as Dell Technologies Inc. (NYSE:DELL) and Hewlett Packard Enterprise Co. (NYSE:HPE). The assets up for sale could be valued at up to $4 billion, including debt, and potential buyers include Taiwan-based companies Compal Electronics, Inventec Corp., Pegatron Corp., and Wistron Corp.

Loop Capital initiated coverage of Advanced Micro Devices Inc. (NASDAQ:AMD) with a Buy rating and a $175 price target on January 14, citing potential growth in accelerated computing and market share gains in the data center and PC segments. Meanwhile, on February 5, a Stifel analyst maintained a Buy rating on AMD but adjusted the price target to $162 from $200, still suggesting a 43% upside.