By Fahad Saleem
Publication Date: 2026-05-10 13:48:00
We just covered
Cathie Wood’s 11 Biggest AI and Data Center Stock Picks. Advanced Micro Devices Inc (NASDAQ:AMD) ranks #3 (see Cathie Wood’s 5 Biggest AI and Data Center Stock Picks).
Cathie Wood’s Stake: $551,414,664
Advanced Micro Devices Inc (NASDAQ:AMD) does not need to beat Nvidia to be a winner. It can do very well simply by being the strong second option next to Nvidia in AI infrastructure. AMD is an AI play because its products sit directly inside the systems that train and run artificial intelligence. Its EPYC CPUs handle core data center computing, while its Instinct GPUs are designed for AI training and inference workloads.
Rather than competing only at the chip level, Advanced Micro Devices Inc (NASDAQ:AMD) is moving toward solving the full AI infrastructure problem. It is combining GPUs, CPUs, and networking into one integrated system approach so that customers can build entire AI data center setups, not just buy individual components. This shift is important because AI is increasingly about large-scale systems, not single processors.
Morgan Stanley recently raised its price target on Advanced Micro Devices (NASDAQ:AMD) from $255 to $360 amid stronger semiconductor market conditions and rising demand across the chip sector. Morgan Stanley highlighted AMD’s MI355 GPUs and upcoming Helios rack systems. Helios racks are described as the bigger driver for Advanced Micro Devices Inc’s (NASDAQ:AMD) revenue this year. These systems…
