From Yahoo Finance: 2025-04-15 09:15:00

The global machine-learning market valued at $36.73 billion in 2022 is projected to grow at a 34.8% CAGR from 2023 to 2030, driving innovation and transforming industries. Amazon CEO Andy Jassy discussed the cost of AI and the demand for data centers despite tariff impacts, reflecting optimism for AI’s potential.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a key player in machine learning hardware, with its data center revenue reaching $3.9 billion in 2024. Mizuho Securities lowered AMD’s price target to $120, citing challenges in securing CoWoS allocation. Despite this, AMD ranks 10th on the list of the best machine learning stocks to buy.

With AI rapidly expanding, startups focus on specific solutions while large companies deliver comprehensive AI platforms. The top ML stocks selected from hedge funds’ preferences offer high returns within a shorter timeframe. For those seeking promising AI stocks, there are options beyond AMD with potential for significant gains.

Read more: Is Advanced Micro Devices (AMD) the Best Machine Learning Stock to Buy Now?