35 AI News and Ratings You Should Not Miss

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10. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders: 108

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. On October 11, Roth MKM analyst Suji Desilva kept a Buy rating and $200 price target on AMD, saying the stock represented an opportunity in a broadly coordinated AI infrastructure push. AMD’s chip hardware, SW platform, and Ethernet networking advances all represent a compelling integrated AI infrastructure platform, particularly for high scale AI inferencing workloads, and the advisory is particularly impressed by the company’s EPYC processor, networking, and software advances which complement the relentless Instinct GPU roadmap, the advisory told investors in a research note.

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