13 Stocks Jim Cramer Recently Shed Light On

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

Number of Hedge Fund Holders: 97

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 13 stocks Jim Cramer recently shed light on. During the episode, Cramer called the stock a “semi-meaningful competitor” to NVIDIA. He said:

“Lately though, we’ve been seeing AMD, their only semi-meaningful competitor; stock’s up like 40 straight points, win[s] a lot of business. Same with Cisco, Arm Holdings. Marvell Tech. Broadcom plays a huge role in these. Vertiv makes power and cooling equipment for the data center.

CoreWeave runs data centers and rents out their computing power. Dover and Eaton supply parts of the infrastructure. Vistra Energy and Constellation Energy produce and sell electricity for the data center. GE Vernova makes the turbines for the power plants…. The data center alone has caused a huge spike in electricity demand, and the ancillary players from that anomaly are doing well too.”

Advanced Micro Devices (NASDAQ:AMD) designs and sells a wide range of semiconductor products, including AI accelerators, microprocessors, GPUs, FPGAs, and adaptive SoCs for applications in computing, graphics, gaming, and data centers.