Top 5 Data Center Stocks to Buy Now

3. Advanced Micro Devices (NASDAQ:AMD)

No of HFs: 71

Total Value of HF Holdings: $5 Billion

Advanced Micro Devices is an American multinational semiconductor company that manufactures computer processors and related technologies for business and consumer markets. The company is a major supplier of microprocessors. During the third quarter of 2020, AMD announced a revenue of $2.08 billion.

The top hedge fund holder of this stock is D.E. Shaw’s D E Shaw which had $1.049 billion invested in the stock at the end of September.

Advanced Micro Devices, Inc. (NYSE:AMD)