AMD - Advanced Micro Devices

Mentioned as part of the semiconductor bucket that's filling up. Up 5.5% on the day. Host notes it has performed well in the stock draft.

Host acknowledges AMD has dilution baked into their deals with Meta and OpenAI, which is concerning. Trading at ~200 P/E. Not showing faster growth or bigger guidance than Nvidia. Host will look at it when there's a better opportunity.

AMD is aggressively building AI accelerators to compete in the growing AI market.

Hosts believe AMD can reach a trillion dollar market cap given its growth in AI chips. They see AMD as a beneficiary of the AI infrastructure buildout alongside Nvidia and Broadcom.

Jensen Huang called Marvell the next trillion-dollar company. AMD is $130B away from trillion. Expected to grow slower than Nvidia but still strong growth. Trading at 170x PE.

Mentioned as a competitor to Nvidia in the chips layer, part of the AI brain/training modules category.

Mentioned as a beneficiary of AI infrastructure spending and compute bottlenecks alongside Nvidia and Broadcom.

Host lists AMD as one of the 'guaranteed winners' alongside Nvidia, Broadcom, and TSM because they are the companies selling chips to hyperscalers.

ARM's architecture is inside AMD. Part of the AI infrastructure story. Running alongside other semiconductor companies. Part of the technological moat in AI hardware.

AMD mentioned as a semiconductor company that benefits from the compute bottleneck. Hosts note that 'pretty much every single semiconductor is going to do well' given the AI demand environment.