Jim Cramer highlighted AMD's impressive performance under CEO Lisa Su, noting that the company's stock surged nearly 13% last week and briefly reached a market cap of $1 trillion. This growth is attributed to the rising demand for CPUs as AI technologies, particularly agentic AI, gain traction.
Cramer emphasized that AMD has successfully shifted its focus from AI model training to inference and agentics, positioning itself as a leader in the CPU market. Since Su took over in 2014, AMD's stock has skyrocketed over 18,000%, a remarkable turnaround from its previous struggles against Intel.
Additionally, AMD has made significant inroads into the graphics processing market, competing with Nvidia, which Cramer acknowledged as the current leader in AI chips. Despite potential vulnerabilities due to its rapid stock increase, Cramer remains optimistic about AMD's long-term prospects, attributing its success to Su's effective leadership