Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the
Goldman Sachs AI Stocks: Top 12 Stocks to Buy. On March 23, 2026, Bloomberg reported that a South Korean AI startup, Upstage, is in talks with Advanced Micro Devices, Inc. (NASDAQ:AMD) about purchasing 10,000 MI355 AI accelerators to improve its domestic compute capacity and diversify beyond existing Nvidia chips. During a meeting in Seoul, CEO Sung Kim addressed the prospective procurement with AMD CEO Lisa Su.
Upstage is competing in a government-backed contest to establish national AI foundation models, with four teams being evaluated every six months by the Ministry of Science and ICT. The process will provide two candidates by early next year. The company is creating a big language model with over 200 billion parameters for the next phase. It is also eyeing overseas markets, such as Vietnam and the UAE, with sovereign AI systems that can be deployed locally.
Separately, Advanced Micro Devices, Inc. (NASDAQ:AMD) expects first-quarter revenue of around $9.8 billion, plus or minus $300 million. The forecast includes $100 million in China-related AI chip sales.
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Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company specializing in high-performance computing and graphics solutions. Its broad product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for data centers, gaming, and embedded systems.
While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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