Advanced Micro Devices, Inc. (NASDAQ:AMD) is a top trending stock to watch in Q4. AMD CEO Lisa Su’s deal with OpenAI has caught the attention of investors, with Bernstein U.S. semiconductor managing director Stacy Rasgon highlighting the significance of this partnership on CNBC.

Macquarie Core Equity Fund sees potential in AMD, predicting the company will have GPU products on par with market leader NVIDIA by 2027. The fund believes AMD will see significant revenue and profit gains from hyperscale customers in the coming years.

While AMD offers investment potential, some AI stocks may offer higher returns with limited downside risk. Investors seeking cheap AI stock options should consider exploring other opportunities, as highlighted in a free report on the best short-term AI stock.

Read more at Yahoo Finance: Stacy Rasgon Explains Why Advanced Micro Devices (AMD) Deal With OpenAI ‘Raises Eyebrows’