Jim Cramer Says "This AMD Move is Extraordinary"

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer talked about. An Investing Club member asked if the Charitable Trust would consider getting back into the stock, and Cramer replied:

“We said we should discuss this. We felt like, you know what, we missed this AMD going back move, but we put our money into Broadcom, and Broadcom was terrific. Now I will say this, this AMD move is extraordinary, and that’s because Lisa Su has caught up with some of the lower-end chips of what Jensen Huang’s doing in NVIDIA. And this was a remarkable move. Do I wish that I had gotten it? Absolutely. I’ve kicked myself. I said that several times, that I kicked myself about it. But you know what? There’s just you, you gotta put that outta your head and move on.”

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs and supplies semiconductors, including CPUs, GPUs, AI accelerators, and adaptive SoCs for consumer, gaming, data center, and embedded applications.

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.