5 Best Machine Learning Stocks to Buy

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

Number of Hedge Fund Holders: 87

Advanced Micro Devices, Inc. (NASDAQ:AMD) is another American semiconductor designer and seller. The firm sells central processing units (CPUs) and graphics processing units (GPUs) to a wide variety of customers. It is headquartered in Santa Clara, California.

Advanced Micro Devices, Inc. (NASDAQ:AMD) has a host of different machine learning platforms and suites under its belt. The firm’s Instinct Deep Learning data center solutions are used by companies such as Asus, Dell, Lenovo, and HP. They offer the companies with technologies such as ROCm which enables them to fine tune autonomous driving, utilize machine learning for drug discovery, use the software for image detection and recognition, and built smarter robotics through supporting both TensorFlow and PyTorch.

Insider Monkey’s June quarter of 2022 survey of 895 hedge funds outlined that 87 had invested in Advanced Micro Devices, Inc. (NASDAQ:AMD).

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s largest investor in our database is Ken Fisher’s Fisher Asset Management which owns 25 million shares that are worth $1.9 billion.