We recently compiled a list of the 20 AI News That Broke The Internet This Month. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other AI stocks that broke the Internet this month.

According to Benzinga Pro, Advanced Micro Devices's peer group average for short interest as a percentage of float is 4.48%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it.

Advanced Micro Devices is still trading at a fairly cheap price. According to our valuation, the intrinsic value for the stock is $232.43, which is above what the market is valuing the company at the moment.

Columbia Threadneedle Investments, an investment management company released its “Columbia Threadneedle Global Technology Growth Strategy” second quarter 2024 investor letter. A copy of the letter can be downloaded here.

Advanced Micro Devices announced its $4.9B acquisition of ZT Systems as a strategic move in the AI market. Find out why AMD stock is a Sell.

Jim Cramer shares that Lisa Su, CEO of Advanced Micro Devices Inc. (NASDAQ:AMD), mentioned on Mad Money that there is currently high demand for all of the company’s chips, particularly those designed for AI. Su expressed confidence in the future, stating that she anticipates years of upgrades and an increasing need for more powerful chips.