7. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 132
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the best large-cap tech stocks to invest in.
In a blog post on March 2, Advanced Micro Devices, Inc. (NASDAQ:AMD) unveiled its role in advancing telecom-focused AI at MWC 2026 in Barcelona. The company highlighted its participation in the Open Telco AI initiative, an initiative led by GSMA with AMD, AT&T, TensorWave, and other industry leaders.
The Open Telco AI initiative aims to accelerate the development of telco-grade AI models and systems through open collaboration. The initiative will be supported by open-telco.ai and a new portal that will have shared datasets, tools, and benchmarking resources. AMD’s Instinct GPUs will train AI models, backed by the ROCm software platform for training and inference workloads.
In addition, AMD revealed its EPYC 8005 server CPUs. The CPU is optimized for distributed edge environments and virtualized radio access network (vRAN) workloads. AMD’s other new products included its Ryzen AI portfolio with Ryzen AI 400 Series and Ryzen AI PRO 400 Series desktop processors. This series powers OEM devices, delivering next-gen AI PCs with high-performance desktops, laptops, and mobile workstations to efficiently handle modern workloads.
Advanced Micro Devices Inc. (NASDAQ:AMD) is a leading semiconductor company specializing in high-performance computing and graphics solutions. Its broad product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for data centers, gaming, and embedded systems.
6. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders: 137
Micron Technology, Inc. (NASDAQ:MU) is one of the best large-cap tech stocks to invest in.
On March 9, TheFly reported that Mehdi Hosseini from Susquehanna raised Micron Technology, Inc. (NASDAQ:MU) price target from $345 to $525, keeping his Positive rating on the stock ahead of the earnings release on March 18.
Hosseini updated his financial model and raised estimates, citing stronger-than-expected pricing trends in the DRAM and NAND memory markets. The firm believes that average selling prices for both memory types are tracking well above its January forecasts. Hosseini sees the momentum to continue into the second quarter of FY2026 and expects FY2028 forecasts to reflect stronger industry fundamentals.
DRAM pricing is expected to outperform NAND pricing in the first half of 2026, while NAND’s average selling prices may regain strength in the second half of the year, the analyst added.
In another price update on March 9, TheFly reported that Citi lifted the price target on MU from $385 to $430, while keeping a Buy rating. The firm sees similar pricing trends as noted by Susquehanna, mentioning the strength in pricing due to strong data center demand. Citi anticipates DRAM prices to soar over 171% in 2026 compared to 2025, while the firm sees NAND prices rising by 127% from a year ago. This strong outlook is why analysts are bullish on MU and have revised their price estimates.
Micron Technology, Inc. (NASDAQ:MU) is engaged in the design and development of memory and storage products worldwide. The company operates through the Cloud Memory unit, Core Data Center Business Unit, Mobile and Client Business Unit, and Automotive and Embedded Business Unit segments.
