AMD Stock Among Stocks To Watch: 186 A Funds Own It Investor's Business Daily

As artificial intelligence (AI) technology continues to revolutionize how we live and work, semiconductor industry leader Advanced Micro Devices (AMD) is designing a potential new breakout. AMD stock is closing in on a new buy point as fellow chip industry and AI powerhouses Intel (INTC) and Nvidia (NVDA) also near new highs. With AMD stock, Nvidia stock and Intel stock showing strength, the semiconductor industry group now ranks No. 11 out of the 197 groups IBD tracks. Cirrus Logic (CRUS) and Inphi (IPHI) are also among the best chip stocks to watch. AMD and Nvidia both sport the highest-possible 99 Composite Rating, while Intel earns a still-impressive 93.