We recently published a list of 15 AI news you should pay attention to. In this article, we’ll take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stacks up to other AI news you should pay attention to.
AI themes have dominated stock markets around the world in recent months. Investment titan Blackrock recently issued a note to investors on the subject, emphasizing that as the new year unfolds, advances in AI and diplomatic developments will continue to shape key market trends. In the note, Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, said these two themes remained in the spotlight for virtually all of 2024 and will likely remain the focus for 2025. further states that 2025 could be a pivotal year for technological advancement and adoption of AI technology, as advances in GenAI and more sophisticated models combine to drive significant growth in AI capabilities. AI.
Learn more about these developments by accessing 10 Best AI Data Center Stocks And 10 Hot AI Stocks According to Goldman Sachs.
However, the investment firm also addressed regulatory and geopolitical challenges that were hampering growth. According to the firm’s analysts, the rise and advancement of AI has also added tensions to the geopolitical map. The note highlights that regulation and the desire to control technology can lead to divergence between U.S.-focused AI names and those with more global exposure.
ALSO READ: Beyond Tech Giants: 35 Non-Tech AI Opportunities.
For this article, we selected AI stocks by combing through news articles, stock analyzes and press releases. These stocks are also popular among hedge funds.
Why are we interested in stocks that hedge funds are piling into? The reason is simple: our research has shown that we can outperform the market by imitating the stocks selected by the best hedge funds. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each 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 integrated semiconductor parts.
Number of hedge fund holders: 107
Advanced Micro Devices, Inc. (NASDAQ: AMD) operates as a semiconductor manufacturer. On November 20, technology website PC Gamer reported that the chipmaker’s plans to abandon the upcoming RDNA 5 graphics architecture in favor of unified UDNA technology were related to adding AI capabilities to gaming GPUs AMD as soon as possible. The report highlights how AMD’s current gaming graphics cards are based on the RDNA 3 architecture, while enterprise, data center, and AI GPUs are based on CDNA technology. UDNA would combine the two technologies, while maintaining two distinct products, according to the report.