We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other AI stocks.

We came across a bullish thesis on Advanced Micro Devices, Inc. (AMD) on Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on AMD. Advanced Micro Devices, Inc. (AMD)’s share was trading at $114.

Wall Street forecasts Advanced Micro Devices will report revenue of $7.53 billion for Q4, up 22% year-over-year, in-line with management guidance of $7.5 billion, plus or minus $300 million. Earnings of $1.09 per share, a 41.5% increase, are expected.

At least four analysts have lowered their ratings on the chip stock so far this year, with the latest being Ben Reitzes of Melius Research. “We should have done this 10 months ago after an epic run for AMD,” he wrote, as he moved to a hold rating from his prior buy stance.

In addition, while Nvidia has a comprehensive software ecosystem named CUDA, this is more focused on training utilizing high-performance graphics processing units like the H100. Inference workloads will be less reliant on CUDA, so AMD has an opportunity to compete with its open-source ROCm stack and cost-efficient solutions.

Advanced Micro Devices Inc (AMD) stock saw a decline, ending the day at $122.84 which represents a decrease of $-0.20 or -0.16% from the prior close of $123.04. The stock opened at $124.55 and touched a low of $122.

Advanced Micro Devices (AMD -6.37%) has been a top performer in the semiconductor industry over the last decade. The fabless chip stock has grabbed market share from Intel PCs and

As mentioned, Qualcomm's chipsets have long led the chipset market. As the 5G upgrade cycle has cooled, the company has pivoted to designing AI-enabled chips. To that end, it has developed the Snapdragon 8 Gen 3 chip for this purpose, and it should improve on its capabilities with the upcoming release of a Gen 4 chip.

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The Chicago-based startup is chasing the world of "hyperscale" data users that require massive server farms. Its software gives users the ability to ingest, store and analyze huge datasets. Ocient says it tweaked its software to improve performance when paired with AMD’s EPYC chips for servers.

Analyst Aaron Rakers of Wells Fargo maintained a Buy rating on Advanced Micro Devices (AMD – Research Report), retaining the price target of

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.