Advanced Micro Devices (AMD) Launches a New Family of x86 Chips

​Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Stocks to Buy for High Returns in 2026. On January 5, Advanced Micro Devices, Inc. (NASDAQ:AMD) launched a new family of x86 chips for AI applications at the edge. The new family of processors is called Ryzen AI Embedded, which includes the P100 and X100 Series processors.

​Management noted that the new series targets automotive, industrial automation, healthcare, and physical AI systems such as humanoid robotics. Moreover, it stands out because the company has packed a high-performance CPU, GPU, and NPU into a single chip. Management noted that they have packed three components, including Zen 5 CPU cores, RDNA 3.5 GPU, and XDNA 2 NPU, into a single chip for compact and power-constrained environments.

Advanced Micro Devices (AMD) Launches a New Family of x86 Chips

​That said, Wall Street remains bullish on Advanced Micro Devices, Inc. (NASDAQ:AMD). On January 4, Blayne Curtis from Jefferies reiterated a Buy rating on the stock without disclosing any price targets. Earlier, on December 19, William Stein from Truist Financial also reiterated a Buy rating on the stock with a $277 price target.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company that manufactures GPUs, microprocessors, and high-performance computing solutions and serves a number of high-growth industries like gaming, data centers, and AI.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.