11 Best AI Infrastructure Stocks to Buy Right Now

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

Number of Hedge Fund Holders: 113

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 11 best AI infrastructure stocks to buy right now.

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s shares surged 5% in after-hours trading following the bold growth targets it unveiled at its 2025 Analyst Day on November 11.

This was followed by Mizuho’s Vijay Rakesh reiterating a “Buy” rating on the same day, who raised his price target to $285 from $275. The analyst’s bullish stance reflects the company’s potential to grow its revenue by over 35% annually, with Rakesh citing the company’s strong AI and data center outlook. He believes the company’s upcoming launches, including Helios servers with MI450 and Venice CPUs in 2026 and Verano CPUs and MI500X GPUs in 2027, will significantly improve its position in the AI space.

Meanwhile, Advanced Micro Devices, Inc. (NASDAQ:AMD) recently released its Q3 2025 results, reporting $9.2 billion in revenue, which surpassed the $8.74 billion analyst estimate, with 36% YoY growth. This was driven by robust demand for its EPYC processors and Instinct MI350 GPUs amid continued AI infrastructure spending. Furthermore, the company’s Client and Gaming segment recorded a 73% surge to $4 billion. Gaming alone rose 181% to $1.3 billion, offsetting the 8% decline in the Embedded segment.

With management expecting to generate over $100 billion in revenue in the coming years through its partnership with OpenAI, Q4 revenue was guided to around $9.6 billion at the midpoint. Moreover, Advanced Micro Devices, Inc. (NASDAQ:AMD) expects a 54.5% gross margin for the upcoming quarter. Diluted earnings per share were recorded at $1.20.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is focused on designing and manufacturing semiconductor products across Data Center, Client and Gaming, and Embedded segments.