Advanced Micro Devices' (NASDAQ: AMD) share price plunged more than 10% following what can only be described as a great report. While the Q1 guidance may be tepid, analysts set the bar high, and growth is expected to continue under the influence of AI for many years.

We recently compiled a list of the 12 High Flying AI Stocks This Week. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other high flying AI stocks.

Competition and geopolitical risks exist, but AMD’s strategic pivot, open-source ROCm, and cost efficiency bolster the company's ability to capture long-term AI growth.

AMD, one of the major players on the hardware side of the gaming industry, has reported its earnings for Q4 2024. Despite beating expectations for both EPS and revenue, AMD stock took a hit in after-hours trading.

AMD (AMD) will report its fourth quarter earnings after the bell on Tuesday, just as President Trump’s 10% tariffs on goods made in China come into effect and a little over a week after China-based DeepSeek rocked the AI world.