Advanced Micro Devices (AMD)'s Not A Quitter, Says Jim Cramer

We recently published Jim Cramer Discussed These 13 Stocks And Talked About Market “Froth” & Dotcom Bubble. Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer recently discussed.

Cramer discussed Advanced Micro Devices, Inc. (NASDAQ:AMD) as an afterthought following a remarkable week for the stock. The shares jumped by 23% earlier this week after it announced a partnership with OpenAI to provide chips and allow the latter to take a stake in its equity. Cramer’s remarks after the bombshell deal termed it a “verification of the total addressable market” of the demand for AI GPUs. He also outlined that Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Dr. Lisa Su stood vindicated after the deal, as it demonstrated the performance and quality of the firm’s AI chips. Cramer’s comments about the firm in this show built on his earlier remarks as he praised Dr. Su and Advanced Micro Devices, Inc. (NASDAQ:AMD) for not quitting and not giving up:

“Meanwhile, AMD, won’t quit. And that’s because it should never have been up only what it was that day. Lisa Su, she’s kind of this, that’s the Sub Rosa storyline the whole time. Yes. She is so deserving of it. She never quit.”

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