Jim Cramer Says AMD “CEO Lisa Su Has Done a Remarkable Job”

Advanced Micro Devices, Inc. (NASDAQ:AMD) was among the stocks on Jim Cramer’s Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. Cramer highlighted the importance of the stock for the data center business, as he commented:

Finally, there’s AMD, has both CPU and GPU, making it essential for the data center. . I recommend you watching her recent commencement address at MIT.

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs and manufactures processors, graphics cards, and AI chips for computers, servers, and gaming systems. During the June 12 episode, a caller asked whether they should buy the stock at $500 a share, and Cramer replied:

Look, I like AMD too. I’m partial to NVIDIA, which has done absolutely nothing of late… Right now, my favorite is NVIDIA, but AMD is fantastic. If you told me you bought that, I’d say that’s terrific, too.

While we acknowledge the risk and potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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