13 Best QQQ Stocks to Buy According to Hedge Funds

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 284

Microsoft Corporation (NASDAQ:MSFT) is one of the best QQQ stocks to buy according to hedge funds. On June 18, Microsoft and Advanced Micro Devices Inc. (NASDAQ:AMD) announced a multi-year agreement to co-engineer custom silicon for a range of devices, such as Microsoft’s next-generation Xbox consoles.

The partnership aims to enhance visual quality, immersive gameplay, and AI-powered experiences across a flexible hardware lineup, while maintaining full compatibility with existing Xbox game libraries. Xbox President Sarah Bond stated that the collaboration with AMD is focused on advancing the state of the art in gaming silicon to unlock deeper visual quality and AI-enhanced player experiences.

This aligns with details from a May 2022 leaked presentation, which indicated Microsoft’s interest in integrating AI and ML into future Xbox games. The partnership builds upon a long-standing relationship, as AMD has previously supplied chips for earlier Xbox and PlayStation models. Xbox is committed to making Windows the number one platform for gaming.

Microsoft Corporation (NASDAQ:MSFT) develops and supports software, services, devices, and solutions worldwide. Advanced Micro Devices Inc. (NASDAQ:AMD) is a semiconductor company.

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