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1 Amazing Artificial Intelligence (AI) Semiconductor Stock to Buy (Not Nvidia)

Analysts are bullish on the growth potential of Advanced Micro Devices' new AI chip, the MI300X.

By Jose Najarro – Apr 17, 2024 at 11:00AM EST

In today's video, I discuss recent updates affecting Advanced Micro Devices (AMD +1.70%). Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of April 16, 2024. The video was published on April 16, 2024.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Advanced Micro Devices, Alphabet, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$199.65
(+1.70%)+$3.34
Microsoft Stock Quote
Microsoft
NASDAQ: MSFT
$391.93
(-1.87%)-$7.48
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$307.80
(-1.00%)-$3.12
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$180.48
(-0.80%)-$1.46
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$306.30
(-1.00%)-$3.11

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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