Advanced Micro Devices, Inc.'s MI300 accelerator is driving big data center sales growth, narrowing the Nvidia gap. Find out more on AMD stock here.

Stocks soared to record levels Thursday after the Federal Reserve reduced interest rates by a half point, an aggressive move and the central bank’s first cut since 2020.These stocks were made moves Thursday:Enphase Energy fell 2%,

Semiconductor stocks especially the ones linked to artificial intelligence technology led by Nvidia Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), Advanced Micro Devices, Inc (NASDAQ:

AMD is adept at catching up with competitors. Assuming it can also catch up in the AI chip market, its growth will likely continue. However, its investment thesis changed dramatically after Lisa Su became CEO in October 2014.

AMD's recent successes in supplying processors for PlayStation 6 and making strides in GPU accelerators position them as a strong investment choice. See more here.