Jim Cramer Says He Would “Buy Some AMD Ahead of the Quarter”

Advanced Micro Devices, Inc. (NASDAQ:AMD) was among the stocks on Jim Cramer’s radar on Mad Money as he discussed the upcoming earnings. Cramer called the company’s CEO the “best,” as he commented:

You want an upside surprise? Okay, I’m going to say it’s going to come from AMD this week, and I’d buy some AMD ahead of the quarter. Lisa Su is the best.

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs and manufactures processors, graphics cards, and AI chips for computers, servers, and gaming systems. Some of the company’s products include Ryzen and Radeon. During the April 22 episode, Cramer said that he should not have “missed” the stock, as he said:

Next up, central processing units, CPUs. You need to power agentic AI. These AI agents, the next wave of the fourth industrial revolution, can do amazing things, replacing many humans at old, dirty, and dangerous jobs. But they need the right semiconductors. The bottleneck here is not GPUs from NVIDIA. They need better CPUs. NVIDIA doesn’t make them. Who does? Because you know that the agents need them. Well, that’s why everyone keeps buying Intel and AMD, silly. I shouldn’t have missed those. I like them both so much. I should be wearing Post-its with their names on my forehead.

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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