According to Bloomberg terminals, AMD price forecast revisions this month reflect optimism on server processor shipments. The company’s EPYC line is gaining traction, which historically correlates with upward price trends in chipmaker equities during tech expansion cycles. Advanced Micro Devices, Inc. is on our list of the 30 Most Popular Stocks Among Hedge Funds . As per our database, 113 hedge fund portfolios held AMD at the end of the second quarter which was 97 in the previous quarter. 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 . Enter the Nvidia-Intel shock . Earlier this week, Nvidia (NVDA) revealed a $5 billion investment in Intel (INTC) and a product pact spanning data-center CPUs and PC SoCs. The deal instantly raised alarms about AMDâs positioning. Options activity indicates bullish investor sentiment in AMD price forecast for September, with heavy call volume above $
