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☆ When our modern-day DaVinci speaks, I listen. Here's what I plan to do when Nvidia CEO Jensen Huang steps up to the mic this week
▼ + stars: | 2024-03-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +15 min

I think Jensen deserves one day a year when he can trace out a vision without a per share attached to it. Sure, plenty of people in line Saturday would, correctly I think, say to "own it, don't trade it." Sure, I was sweating "own it, don't trade it." And, can you imagine if you owned but didn't trade Intel from 1990 to 2000? (Don't tell current Intel CEO Pat Gelsinger, who thinks it is still alive.)

Persons: Lisa, Jensen Huang, Jensen, Lisa Su, Andy Grove, Elon Musk, he's, what's, We've, heaven's sakes, Sam Altman, Jensen's, —, Gordon Moore, Robert Noyce, Intel's, Noyce, blowhard, Pat Gelsinger, Enrique Lores, it's, He's, Frank Slootman, Jensen demurred, Frank, AMD's Su, It's, Colette Kress, Jim Cramer's, Jim Cramer, Jim Organizations: Palm, Wine, Club, Nvidia, New Yorker, Devices, Tesla, heaven's, OpenAI, Intel, IBM, HP, AMD, CNBC Locations: Florida, San Francisco, New

☆ Morgan Stanley Wealth Management adds this stock to its model portfolio because of A.I. opportunity
▼ + stars: | 2023-08-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Chipmaker Advanced Micro Devices is an "emerging growth opportunity" in artificial intelligence, according to Morgan Stanley Wealth Management. Investment strategist Daniel Skelly said he added the chipmaker to the firm's equity model portfolio. He noted that AMD is "a leader in chip end markets with potential AI tailwinds." "We viewed AMD's 2Q23 print constructively as management indicated improving business conditions into the second half of the year," Skelly said. "With data center revenue growth troughing, we believe investors should look through to a 2024 inventory re-build that is supported by tailwinds from AI."

Persons: Morgan, Daniel Skelly, Skelly, — CNBC's Michael Bloom Organizations: Devices, Morgan Stanley Wealth Management . Investment, AMD, Intel

☆ AMD shares jumped last week on the A.I. buzz. Wall Street weighs in on the stock's future
▼ + stars: | 2023-05-31 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Wall Street is again abuzz over artificial intelligence ever since chipmaker Nvidia reported blowout earnings last week. Analysts who've been very optimistic about the stock believe that like Nvidia, AMD has the potential to ride the AI wave . One bright spot is that AMD is pulling market share away from Intel , Ross said. However, that area of AI is currently cornered by Nvidia, which has around 75% market share, according to BofA. But BofA still retained its neutral rating for AMD, as it believes that gaining market share against Nvidia could prove tougher than expected.

Persons: Jensen Huang, who've, Eric Ross, CNBC's, Ross, BofA, Morgan Stanley, — CNBC's Michael Bloom Organizations: Nvidia, Devices, AMD, CNBC, Cascend Securities, Intel

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