We have recently released a piece titled 16 Stocks Jim Cramer Discussed In An Episode Where He Claimed OpenAI Could Surpass All Major Tech Firms. Advanced Micro Devices, Inc. (NASDAQ:AMD) is among the stocks highlighted by Jim Cramer in this episode.
This past Monday was a positive day for shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) following the announcement of a partnership with OpenAI involving chip supplies and a 10% share. Cramer provided in-depth commentary on this development and interviewed CEO Lisa Su during the broadcast:
“I believe this validates the vast market potential. Moreover, it confirms what Jensen Huang mentioned on Brad Gerstner’s podcast about no quid pro quo; they can invest their resources wherever they choose. Well, they chose a rival. It also suggests that, as we will discuss with Lisa Su, her MI450 may be comparable or even superior, as she might assert, to the current NVIDIA version. We’ll find out soon enough. I also want to mention that after watching the conversation with Sam Altman and John Ford, and this individual we will be interviewing, it’s clear that this represents an incredibly close relationship. Now we understand why they are pursuing this; the market is so significant that they feel compelled to act. They cannot afford to fall behind. Skeptics, including Carl, will argue about their financial capacity; recall that skeptics recently claimed that NVIDIA entered into a compromised arrangement. I invite the skeptics to reevaluate their stance. I truly believe this has tangible value.”
Image by erik-mclean on Unsplash
“There should be no doubt, as many individuals, aside from Lisa Su, claimed they are not competitive. When you speak with Lisa off the record, she asserts that their next-generation product is equal to, if not superior to, competing offerings. I’m curious about Jensen’s views; I won’t make a judgment on the MI450’s capabilities, but its significance is clear.”
While we recognize AMD’s potential as a promising investment, we believe that certain AI stocks offer even more favorable prospects for high returns with reduced risk. If you’re interested in a highly affordable AI stock that stands to benefit significantly from Trump tariffs and onshoring, be sure to check out our complimentary report on the top short-term AI stock.
