Advanced Micro Devices Inc. (AMD): Leopold Aschenbrenner Has a Bearish View on This Chip Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) is simply a caller summation to the 13F portfolio of Situational Awareness LP. The money declared a caller involvement successful the institution successful filings for the archetypal 4th of 2026. This involvement consists of PUT bets worthy adjacent to 5 cardinal shares. In the hedge money world, Leopold Aschenbrenner is not unsocial successful betting against AMD. Other elite wealth managers similar Ken Griffin, Israel Englander, Sander Gerber, and Dmitry Balyasny person besides declared bearish bets against the spot company. Of the $10.3 cardinal successful Q1 2026 gross for AMD, the information halfway conception accounted for $5.8 billion. However, NVIDIA continues to seizure an estimated 90% to 95% marketplace stock of high-end AI information halfway GPUs.

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Elite wealth managers person argued that Advanced Micro Devices, Inc. (NASDAQ:AMD) is warring an uphill conflict against an entrenched ecosystem. The existent moat for NVIDIA is not conscionable the hardware, but the proprietary CUDA bundle ecosystem, which has millions of bundle developers locked in. Enterprise clients are proving hesitant to rewrite their full bundle stacks to migrate to the open-source ROCm level offered by AMD. Short-sellers cipher that AMD is being valued arsenic an adjacent AI adjacent to NVIDIA, erstwhile it is really collecting the residual overflow request from hyperscalers who cannot unafraid capable NVIDIA allocation.

While we admit the imaginable of AMD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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