Advanced Micro Devices (AMD): An Enduring Growth Path Via Execution

Ashva Capital Management, an investment management company, released its Q4 2025 investor letter. A copy of the letter can be downloaded here. The Fund’s investment strategy focuses on acquiring interests in high-quality U.S. companies that possess strong intrinsic value, adhere to valuation discipline, seek to enhance returns, and commit to long-term investments that allow for compounding rather than pursuing fleeting trends. The letter quoted many of Warren Buffett's words to reinforce Ashva Capital Management’s investment philosophy. Ashva Capital returned 2.26% (net) in 2025, with a gross return of 4.91%, lagging the broad market indices, driven by the dominance of mega-cap stocks. In addition, you can check the Fund's top five holdings to see its best picks for 2025.

In its fourth-quarter 2025 investor letter, Ashva Capital Management highlighted stocks like Advanced Micro Devices, Inc. (NASDAQ:AMD). Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs central processing units. On January 30, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) stock closed at $236.73 per share. One-month return of Advanced Micro Devices, Inc. (NASDAQ:AMD) was 7.08%. Advanced Micro Devices, Inc. (NASDAQ:AMD) has a market capitalization of $385.41 billion.

Ashva Capital Management stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its fourth quarter 2025 investor letter:

"Advanced Micro Devices, Inc. (NASDAQ:AMD) represents a long-duration share-gain story driven by execution rather than hype. Over the past decade, the company has demonstrated a consistent ability to take share in large, complex markets by delivering competitive performance, strong software ecosystems, and disciplined capital allocation. In data centers and AI infrastructure, AMD has emerged as the most credible alternative supplier to incumbent leaders, benefiting from customers’ desire for diversification, pricing leverage, and architectural flexibility. While near-term margins can fluctuate as the company invests to expand its platform, we believe AMD’s long-term earnings power is substantially greater than implied by a narrow focus on any single product cycle."

Advanced Micro Devices, Inc. (NASDAQ:AMD) is in 19th position on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 115 hedge fund portfolios held Advanced Micro Devices, Inc. (NASDAQ:AMD) at the end of the third quarter, up from 113 in the previous quarter. While we acknowledge the potential of Advanced Micro Devices, Inc. (NASDAQ: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.

In another article, we covered Advanced Micro Devices, Inc. (NASDAQ:AMD) and shared the list of hottest stocks to buy in 2026. In addition, please check out our hedge fund investor letters Q4 2025 page for more investor letters from hedge funds and other leading investors.

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