Advanced Micro Devices, Inc. (AMD): Hedge Funds Are Bullish On This AI Stock Right Now

We recently compiled a list of the 10 Biggest AI Stories and Ratings Updates You Should Not Miss This Week. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other AI stories.

Yahoo Finance10:56

US stocks closing | S&P, Nasdaq hit new highs again! Tesla rose nearly 35% in seven days, and Nvidia rose more than 4.5% overnight.

S&P has reached a new high for two consecutive days, NASDAQ has reached a new high for three consecutive days, and Dow's intraday decline has significantly narrowed. Google, Apple, Microsoft, Taiwan Semiconductor in the US stock market have all reached new highs. Tesla has risen by 35% in seven days, and the chip stock index has risen by nearly 2%.

wallstreetcn06:05

The AI wave has driven the amount of risk investment in the USA to a new high in nearly two years, while the exit activity has continued to be sluggish.

In the second quarter of 2024, the amount of venture capital in the USA reached $55.6 billion, a 47% increase compared to the previous period and also the highest in the past two years. However, the continued slump in exit activities also poses challenges to the sustainability of VC financing and subsequent investments.

cls.cnJul 3 18:35

Is the market becoming impatient? More and more people are discussing the fact that AI burns so much money but earns so little.

So far, AI technology has produced almost no economic benefits. Faced with the huge gap between burning and earning money with AI, the market's patience for technology stocks is gradually disappearing.

wallstreetcnJul 3 22:54

Advanced Micro Devices Options Spot-On: On July 3rd, 438.8K Contracts Were Traded, With 2.81 Million Open Interest

On July 3rd ET, $Advanced Micro Devices(AMD.US)$ had active options trading, with a total trading volume of 438.8K options for the day, of which put options accounted for 34.25% of the total transacti

Futu News04:30

YieldMax AMD Option Income Strategy ETF Declares $0.7347 Dividend

Seeking AlphaJul 3 22:43