Advanced Micro Devices, Inc. (AMD)'s "Doing A Great Job," Says Jim Cramer

We recently published 8 Stocks on Jim Cramer’s Radar. Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer recently discussed.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor designer that competes in the CPU, GPU, and custom chip industries. Its business model allows the firm to compete with Intel and NVIDIA. Cramer frequently discusses Advanced Micro Devices, Inc. (NASDAQ:AMD) during his morning show. He has remained optimistic about the firm, and in his recent remarks, Cramer commented that Advanced Micro Devices, Inc. (NASDAQ:AMD) and Lisa Su have appeared to have caught up with the low-end of NVIDIA’s AI GPUs. NVIDIA’s GPUs still remain the top in the market, believes Cramer, as he has also commented that AMD still cannot catch up with the firm’s latest offerings. Cramer has also regretted not buying Advanced Micro Devices, Inc. (NASDAQ:AMD) earlier, but remained glad at having bought Broadcom instead. This time, he asserted that the firm is a winner:

“They do some AMD business. AMD’s a winner in this. . .doing a great job.”

Cramer regretted not buying Advanced Micro Devices, Inc. (NASDAQ:AMD) earlier this month. Here is what he said:

“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.”

While we acknowledge the potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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