15 Trending AI Stocks on Latest Ratings and 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 14, the company released internal benchmarks for its Ryzen AI 9 HX 370 processor. The benchmarks showcase up to 75% faster performance for the AMD chip than Intel’s Core Ultra 7 258V processor. This performance is important as the two companies engage in a battle for AI supremacy, where processing power and speed are of paramount importance. Bank of America recently highlighted in a research note that AMD was showing market share gains over rival Intel, referencing latest PC shipment data that showed 15% quarter-over-quarter growth for AMD as Intel undershipped by 3%.

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