Advanced Micro Devices Inc. closed $111.21 below its 52-week high ($227.30), which the company achieved on March 8th.

We recently published a list of 8 Best Machine Learning Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Advanced Micro Devices Inc. (NASDAQ:AMD) stands against other best machine learning stocks to buy according to hedge funds.

In the assessment of 12-month price targets, analysts unveil insights for Advanced Micro Devices, presenting an average target of $176.61, a high estimate of $250.00, and a low estimate of $110.00. Experiencing a 9.17% decline, the current average is now lower than the previous average price target of $194.44.

Nvidia (NVDA) was the big winner in the AI space during 2024 as it solidified its lead in GPUs, which led to a 185% stock rally. Meanwhile,