10 AI Stocks In The Spotlight For Investors

5. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders: 113

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 10 AI Stocks In The Spotlight For Investors. On October 6, Barclays raised its price target on the stock to $300 from $200 while maintaining an Overweight rating.

The rating follows AMD’s partnership with OpenAI, which it believes is “designed to be mutually beneficial to OpenAI and AMD, and more pointedly drive the stock higher.”

The firm’s analysis reveals how the partnership deal includes a structured warrant agreement issued at one-gigawatt intervals, with the last portion activated once AMD’s stock reaches $600.

Barclays’ estimates further reveal how the deal will add an estimated $4.5 billion per quarter, up from the $3 billion the firm was expecting by late 2026 as well as lift earnings per share by an estimated $1.30 per quarter.

The firm believes that an estimated one gigawatt of new capacity will be deployed starting in the second half of 2026. This will likely add around $15 billion in revenue by 2027 if there is sustained growth through 2030.

Advanced Micro Devices, Inc. (NASDAQ:AMD) develops and sells semiconductors, processors, and GPUs for data centers, gaming, AI, and embedded applications.