12 Most Promising Long-Term Stocks to Buy

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1. Advanced Micro Devices Inc. (NASDAQ:AMD)

5-Year Revenue CAGR: 31.09%

Number of Hedge Fund Holders: 113

Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the most promising long-term stocks to buy. On September 16, VDURA announced the launch of its first scalable AMD Instinct GPU reference architecture in collaboration with AMD. The new validated blueprint is designed to simplify deployment and eliminate performance bottlenecks in the most demanding AI and HPC environments.

The architecture defines how compute, storage, and networking should be configured for efficient and repeatable large-scale GPU implementations by combining the VDURA V5000 storage platform with AMD Instinct MI300 Series Accelerators. The reference architecture aims to keep the AMD Instinct GPUs fully utilized, delivering sustained performance to counteract the common issue of storage not being able to keep pace with growing data volumes.

AMD selected VDURA after a technical evaluation for its AMD Instinct GPU-optimized performance, proven ability to scale, and low client overhead. The solution has already been chosen for an AI supercluster for a US federal systems integrator. The design is modular, efficient, and expandable, providing compute, storage, and networking at scale.

Advanced Micro Devices Inc. (NASDAQ:AMD) is a semiconductor company that operates in three segments: Data Center, Client and Gaming, and Embedded.

While we acknowledge the potential of AMD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMD and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.

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