But competition was bound to emerge, and Advanced Micro Devices ( AMD 0.08%) has stepped up to the plate with an exciting GPU roadmap. The company hosted its "Advancing AI" event on Oct. 10, where its CEO Lisa Su provided an update on its next-generation chips.

We recently compiled a list of the 10 Best WallStreetBets Stocks To Buy Right Now. In this article, we are going to take a look at where Advanced Micro Devices Inc. (AMD) stands against the other WallStreetBets stocks.

How long will the strong artificial intelligence buildout last? The market appears optimistic, with AI chip leader Nvidia (NASDAQ: NVDA) trading at 34 times forward earnings estimates and challenger Advanced Micro Devices (NASDAQ: AMD) trading at 30 times.

We recently published a list of Billionaire Ken Fisher’s 10 Favorite AI Stocks for the Rest of 2024. Since Advanced Micro Devices, Inc (NASDAQ:AMD) ranks 7th on the list, it deserves a deeper

AMD has introduced its newest AI chip. The company is unlikely to make a meaningful dent in Nvidia's market share, but it can still see solid growth ahead. The stock should be a solid performer as the AI infrastructure continues to ramp up.