Advanced Micro Devices, Inc. (NASDAQ:AMD) is a top semiconductor stock, with a Buy rating and $300 price target from Bank of America Securities. Analysts are bullish on AMD, with over 80% assigning it a Buy or equivalent rating and a 1-year target of $290, signaling a 33% upside potential.

AMD trained ZAYA1 on their platform, showcasing superior performance over competitors. AMD’s Instinct MI300X GPUs and Pensando networking, with ROCm software, powered Zyphra’s training run. IBM Cloud also deployed Instinct MI300X clusters for Zyphra, highlighting AMD’s end-to-end stack capabilities in AI.

AMD designs high-performance computing products like EPYC™ CPUs, Instinct GPUs, and Pensando DPUs, with the ROCm software ecosystem for AI models. Despite AMD’s potential, other AI stocks may offer greater upside and lower risks, especially in the face of tariffs and onshoring trends. Check out the best short-term AI stock for potential investment opportunities.

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Read more at Yahoo Finance: Analysts Doubled Down on AMD in December Amid AI Wins and Growing Buy Ratings