Advanced Micro Devices (AMD) CEO Just "Keeps Winning," Says Jim Cramer

We recently published Jim Cramer Discussed These 10 Stocks & Commented On Gold Price.  Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer discussed. Advanced Micro Devices Inc. (NASDAQ:AMD)’s shares are up by 115% over the past year and by13% year-to-date. The firm’s exposure to the AI sector has seen several analysts discuss the stock. For instance, Bernstein raised Advanced Micro Devices Inc. (NASDAQ:AMD)’s share price target to $225 from $200 and kept a Market Perform rating. The firm’s deal with OpenAI was at the center of the coverage as Bernstein commented that OpenAI’s capacity expansion later this year injected clarity into Advanced Micro Devices Inc. (NASDAQ:AMD)’s near-term AI exposure. Piper Sandler increased the share price target to $300 from $280 and maintained an Overweight rating. It also outlined that the firm’s OpenAI deal could lead to stronger performance in the year’s second half. Cramer discussed Advanced Micro Devices Inc. (NASDAQ:AMD) after Intel reported its earnings:

“I think that Lip-Bu is going to turn this company around, again let it go down. This is AMD’s day. AMD obviously has a huge amount of share. Stock’s up 8, it should be up 15, I don’t understand why that’s not up 15.

“Lisa Su keeps winning. And notice, she’s speaking not at all and carrying a huge [inaudible].”

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. 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.