We recently published a list of Top 10 AI Stocks to Watch Right Now. In this article, we are going to take a look at where Advanced Micro Devices (NASDAQ:AMD) stands against other top AI stocks to watch right now.

Nvidia and AMD are seeing increased competition in the artificial intelligence accelerators and networking market.

Shares of Advanced Micro Devices ( AMD -2.89%) surged to new highs at the beginning of 2024, but mixed business performance across the company's operating segments has weighed on the stock for most of the year. After reaching a high of $227, the shares are down 44% year to date at the time of writing.

Advanced Micro Devices' current position in AI-GPU market closely mirrors Nvidia’s development path from 1.5 years ago. See why I rate AMD stock a strong buy.

Another reason the AI bubble can burst in 2025 is due to the expected resolution of GPU scarcity that's sent Nvidia's stock into the stratosphere.

Advanced Micro Devices’ stock has reached a 52-week low ... CEO Jensen Huang of Nvidia, which controls close to 70% of the AI GPU market at present. The consensus rating from over 40 Wall ...

Nvidia and TSM are two AI stocks that are trading at reasonable valuations and remain well-poised to deliver outsized returns.

According to DigiTimes, Musk was involved in a deal between xAI and Nvidia — reportedly personally contacting Nvidia Chief Executive Officer Jensen Huang and offering more than $1 billion for a cluster of GB200 GPUs. As it relates to xAI specifically, take a look at what Musk posted on X (formerly Twitter) back in September.

Chip stocks surged Monday, led by Broadcom and Advanced Micro Devices following bullish calls from analysts, citing their potential to gain from booming demand for artificial intelligence.

US stocks climbed on Monday, with chip stocks leading the tech sector higher while investors eyed a possible year-end rally. All three benchmark indexes ended the trading session in the green, with the tech-heavy Nasdaq Composite rising nearly 1%.

Nvidia's launch of Blackwell, which is scheduled to ramp up in 2025, is the wild card that could surprise to the upside. Blackwell is a complete computing platform that utilizes multiple chips to deliver breakthrough performance for generative AI, quantum computing, and other high-performance computing tasks.

AMD and Nvidia share a duopoly in the graphics ... Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe ...