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Advanced Micro Devices, Inc. (AMD) Develops New AI-Optimized Threadripper with 3D V-Cache

We recently published a list of 15 AI News That Broke The Internet This Week. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against other AI news that broke the internet this week.

AI trends are sweeping markets globally. On November 14, TikTok, the popular social media application owned by Chinese firm ByteDance, announced the availability of Symphony Creative Studios, a generative AI video creation platform it has developed, to all advertisers. According to a report by news agency Reuters, the launch is part of a larger plan by the Chinese tech giant to boost its ad business. A press release from the company indicates that some AI features included in the new platform are turning text inputs into videos, generating previews that can be edited to finalize the content, remixing, digital avatar creation, as well as translation and more.

Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.

Meanwhile, Foxconn, the Taiwan-based company that is one of the largest contract manufacturers of electronics in the world, announced that it expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the US and China. Per a report by Reuters, Young Liu, the chairman of the firm, said after the quarterly earnings results that his firm would be watching to see what policies Donald Trump implements as US president. He added that Foxconn plants in Wisconsin and Texas have seen steady growth in sales on strong demand for AI servers, and the outlook for US operations was positive.

Read more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.

For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

A close up of a complex looking PCB board with several intergrated semiconductor parts.

Advanced Micro Devices, Inc. (NASDAQ:AMD)

Market Capitalization: $240 Billion

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. Latest reports indicate, according to posts on social media platforms like ChipHell, that the company is working on a new Threadripper edition sporting 3D V-Cache capabilities. Threadrippers are processors marketed by AMD that power AI workstations. Adding 3D V-Cache capabilities on these processors would enable faster calculations and a noticeable increase in overall processor speed.

Overall, AMD ranks 8th on our list of AI news that broke the internet this week. While we acknowledge the potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than AMD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock

Disclosure: None. This article is originally published at Insider Monkey.

When Insiders Are Buying Millions of Shares — Should One Look Closer?

A strategic North American critical minerals project near to a deep-sea port advantage is gaining attention.

High-purity phosphate for LFP battery. Early offtake traction.

Vertical integration in a booming LFP sector.

See why this company is being watched closely.

See What is the Interest.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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