15 Trending AI Stocks on Latest News and Analyst Ratings

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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. Latest reports, based on social media sources, and published by finance news platforms like Seeking Alpha and Wccftech, indicate that the company is planning to lay off nearly 4% of its global workforce. The move is widely seen as part of a larger plan to focus on growth opportunities as the chipmaker makes efforts to challenge the AI chip dominance of NVIDIA. A spokesperson for the company has confirmed the development to CRN as well.

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