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Jim Cramer Says Advanced Micro Devices AMD Holds Strong Potential in AI Market

December 31, 2024
Renowned analyst Jim Cramer has recently praised Advanced Micro Devices (AMD) for its promising future in the AI market. While discussing the company's performance, Cramer acknowledged that AMD's pipeline lacks Nvidia's but believes that it may catch up in the coming years. He highlighted the significant increase in short interest in AMD's stock, indicating growing investor interest in the company's potential. However, in light of the cautious outlook for the sector, AMD has faced price target reductions by analysts. Cramer recommended seeking professional advice from Stocks Prognosis to make an informed decision regarding the company's stock movement predictions.

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Investor opinions & comments:

I agree with Cramer that AMD has a promising future in the AI market. Their potential is definitely worth keeping an eye on
— from CarterPatterson at 01-03-2025 21:14
It's great to see that AMD is being recognized for their potential in the AI market. I'm excited to see how they progress in the coming years
— from MoneyMartha at 01-03-2025 04:14
I'm glad to see that there's growing investor interest in AMD's potential. It shows that people recognize the value of their technology
— from StockSteve at 01-02-2025 23:52
I trust Jim Cramer's analysis and if he believes in AMD's potential, I'm inclined to think they have a bright future in the AI market
— from SamuelNelson at 01-02-2025 22:45
Even though there's growing interest in AMD, I'm still skeptical about their performance in the AI market. I think they have a long way to go
— from MeganThompson at 01-01-2025 20:02
I'm not sure if AMD can really catch up to Nvidia in the AI market. Nvidia has been dominant for so long, it might be hard for AMD to surpass them
— from FinanceFelix at 12-31-2024 13:37
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Other news for AMD

AMDApril 4, 2025ADVANCED MICRO DEVICES, INC. Stock Hits QuantWave Price Target Forecast with 25.3% Profit  ~1 min.

On March 25, 2025, QuantWave, the automated forecasting platform, issued a short forecast signal for ADVANCED MICRO DEVICES, INC. (AMD) with a price target of $85.76. The stock had been trading at $114....

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