15 Trending AI Stocks on 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. AMD CEO Lisa Su is on a visit to India. Indian news publication Times of India recently reported that the CEO has lauded the role of the AMD design team in India for the role played in shaping the AI revolution. Per the CEO, a significant chunk of the company’s workforce – around 8,000 engineers, or about 25% of the total – is based in India. When quizzed about semiconductor plans in the country, Su said the current focus was on assembly and test facilities and progressing to mature nodes before advanced nodes.

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