Cathie Wood’s Top 12 AI Stock Picks in 2025

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8. Advanced Micro Devices Inc (NASDAQ:AMD)

ARK Investment Management’s Stake Value: $145.74 Million

Number of Hedge Funds Holding Stakes: 96

Advanced Micro Devices Inc (NASDAQ:AMD) is a technology company that designs and manufactures semiconductor products, including CPUs, GPUs, and FPGAs, used in various applications like gaming, data centers, and embedded systems. It is the most significant player in the AI chip market, right behind Nvidia, affirming why it is one of Cathie Wood’s favorite stocks in the burgeoning sector.

Advanced Micro Devices Inc (NASDAQ:AMD) is renowned for providing advanced GPUs to enable AI workloads at affordable prices. It is a competitive advantage that offers quality to budget-conscious consumers and is expected to trigger an increase in orders as demand for AI chips rises. In reaction to Nvidia’s hegemony in that market, AMD is already offering the MI300 series of accelerators. Additionally, to compete with Nvidia’s Blackwell line, it introduced the MI325X accelerators.

Advanced Micro Devices Inc (NASDAQ:AMD) is among the best AI players because it boasts a solid and reliable customer pipeline for its AI chips. Microsoft is one of its biggest customers for the flagship MI300X GPUs to drive several GPT 4-based Copilot services. Likewise, it had an impressive 2024 as it progressed in the AI market. Its data center revenue amid the AI boom surged 69% to a record $3.9 billion and was up by 94% for the year to a record $12.6 billion.

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