Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Reddit Stocks to Invest in Now. On September 4, Citi reiterated a “Hold” rating on the company’s stock, with a price objective of $180.00. The analyst’s rating is backed by a combination of factors associated with Advanced Micro Devices, Inc. (NASDAQ:AMD)’s growth prospects and valuation. The company is anticipated to see strong growth in its AI business, mainly through its GPU offerings, which are expected to capture a meaningful portion of the AI compute total addressable market.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is expected to benefit from increased demand from existing and new customers, including well-established players such as Microsoft, Meta, and Oracle. The company delivered healthy revenue growth in Q2 2025, led by record server and PC processor sales. Advanced Micro Devices, Inc. (NASDAQ:AMD) continues to see healthy demand throughout its computing and AI product portfolio and remains well-placed to deliver healthy growth in H2 2025.
Longriver Investment Partners released its Q2 2025 investor letter. Here is what the fund said:
“Nvidia’s NVLink, its high-bandwidth interconnect, underpins training at scale, where GPUs must coordinate across racks. NVLink Fusion, announced this year, may extend that advantage by letting custom chips plug into Nvidia’s system rather than replace it. However, many inference tasks can be handled independently, one GPU at a time. That lowers the importance of networking, and with it, Nvidia’s edge in tightly integrated systems.
While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
