Advanced Micro Devices Inc. (NASDAQ: AMD ) is one of the best technology stocks to buy for the long term. On March 9, Advanced Micro Devices, Inc. (NASDAQ: AMD) announced it has entered into a multi-year licensing agreement with Adia. Through this deal AMD gets access to Adia’s IP portfolio covering hybrid bonding, packaging, and processing technologies.
This comes as the two companies settled their dispute over semiconductor technology, as reported by Reuters on March 9. Adia has filed two patent lawsuits against Advanced Micro Devices in Texas federal court. Paul E. Davis, CEO of Adia, noted:
“We are pleased to reach this agreement with AMD, a global leader in high-performance computing and advanced semiconductor solutions,”
Adia has made fundamental advances in the semiconductor industry over the past 30 years and maintains a large and growing IP portfolio licensed to the world’s leading companies. This settlement is owned by Advanced Micro Devices, Inc. (NASDAQ: AMD ) is removing the legal supplement for
That said, on March 5, Stacey Rasgon from Bernstein set a hold rating on the stock with a $235 price target. The analyst noted that Washington is drafting a resolution that would require companies including Advanced Micro Devices to obtain a license to export AI chips. While the rules have not yet been finalized it could add additional friction for chipmunks.
Advanced Micro Devices Inc. (NASDAQ: AMD) is a global semiconductor company focused on high-performance computing, graphics, and vision technologies. Its main products include microprocessors, graphics processors, personal computers, workstations and system applications.
While we acknowledge AMD’s potential as an investment, we believe some AI stocks offer higher potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report on the best short-term AI stocks.
Read more: The 40 most popular stocks among hedge funds heading into 2026 and 10 unstoppable stocks that can double your money.
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