5 Best Performing Growth Stocks in January and February 2024

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

Number of Q4 2023 Hedge Fund Shareholders: 120

Share Price Performance: 34.85%

Advanced Micro Devices, Inc. (NASDAQ:AMD) is the American semiconductor designer headquartered in Santa Clara, California. With the AI in full flow on Wall Street and in the technology industry, February 2024 saw Microsoft upgrade its partnership with AMD and work with the firm to improve AI features on PC games.

Insider Mneky scoured through 933 hedge fund portfolios for last year’s final quarter and found 120 Advanced Micro Devices, Inc. (NASDAQ:AMD) investors. Ken Fisher’s Fisher Asset Management was the biggest shareholder through its $4.1 billion stake.

Follow Advanced Micro Devices Inc (NASDAQ:AMD)