10 Stocks Jim Cramer Discussed As He Revealed How Canada Has Harmed The US

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

Number of Hedge Fund Holders In Q1 2025: 97

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a CPU and GPU designer. Its shares have performed well in the year’s second half and are up by 49% year-to-date. While the stock had initially lagged due to NVIDIA’s indisputable lead in the AI race, analysts have increasingly started to opine that Advanced Micro Devices, Inc. (NASDAQ:AMD) can catch up with its larger rival and gain market share with its AI accelerators. Cramer attributed the stock’s recent performance to AI bullishness:

“It’s the AI-related chips that are on fire today. You . . got AMD. Because, AI is just moving along. . . .Let’s again speak of the stock market rather than Sweden’s gonna do, what’s happening in Sweden. The stock market is reacting incredibly positively to stuff and there are people who don’t want to react to it or think that somehow those points aren’t valuable. I think they’re crazy. We’re having a good rally.”

Here are Cramer’s earlier thoughts about Advanced Micro Devices, Inc. (NASDAQ:AMD):

“I don’t know, but it’s going in the right direction. I mean, they obviously have now good GPUs. There’s a GPU shortage everywhere. Stock’s had a real big run off the bottom. I do think it could have a pullback, but I do think that she’s [CEO Lisa Su] got what it takes to be able to take that stock much higher.”