Advanced Micro Devices (AMD) Partnered With HCLTech to Accelerate Enterprise Digital Transformation

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Performing Quantum Computing Stocks So Far in 2025. On July 24, Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its strategic partnership with HCLTech to accelerate enterprise digital transformation worldwide.

Under this collaboration, both companies will leverage their strengths to build a strong digital ecosystem focused on AI, digital, and cloud technologies. The companies will also invest in innovation labs and training programs, while also building joint development centers to test advanced technologies. These centers will conduct proof-of-concept trials to speed up bringing innovative enterprise solutions to market.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is an international semiconductor company that designs and produces high-performance computing, graphics, and visualization technologies.

While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.