Jim Cramer Says “Lisa Su at AMD is Challenging Nvidia at Its Own Game”

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer had in this week’s game plan. Cramer highlighted the company’s competition with NVIDIA, as he stated:

“After the close, we have two huge winners so far this year, well, one for many, many years, well, actually both of them really, AMD and Axon. Now, we’ve had their CEOs on repeatedly. These are the kinds of long-term outperformers that you simply have to consider owning. Lisa Su at AMD is challenging Nvidia at its own game… You know what, I actually own them both. Not for the screamers, though.”

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs and manufactures processors, graphics cards, AI accelerators, and embedded solutions for computing and data center applications. Cramer mentioned the stock during the October 24 episode and said:

“AMD, similarly, supply-constrained for much of its product line. CEO Lisa Su never abandoned traditional PCs in her zeal for, to be in GPUs. Smart thinking, that, plus talk of AMD’s quantum work with IBM on yesterday’s call, lifted the stock 7.6%, to a new high.”

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