35 Trending AI Stocks on Latest Analyst Ratings and News

Page 26 of 35

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

Number of Hedge Fund Holders: 108

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. The company recently announced plans to begin mass production of its latest artificial intelligence chip, the MI325X, by the fourth quarter of this year, marking a push to strengthen its position in the AI chip market, currently dominated by NVIDIA. This new chip, set to compete with NVIDIA offerings, is expected to be a significant upgrade over previous AMD models. In addition to the MI325X, AMD revealed plans to launch its next-generation MI350 series chips in the second half of 2025. These upcoming chips will feature a greater amount of memory and a new architecture designed to deliver significantly enhanced performance compared to the current MI300X and MI250X models.

Page 26 of 35