15 Trending AI Stocks on Latest News

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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 18, the company announced that it would be partnering with technology company IBM to deploy AMD Instinct MI300X accelerators as a service on IBM Cloud. Per the two companies, the offering is expected to be available in the first half of 2025 and aims to enhance performance and power efficiency for Gen AI models and high-performance computing applications for enterprise clients.

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