Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the best forever stocks to buy now. On March 18, Advanced Micro Devices Inc. (NASDAQ:AMD) entered into a memorandum of understanding with Samsung Electronics. The two are deepening their ties on memory chip supplies for artificial intelligence infrastructure. In addition, they are exploring a potential foundry partnership.

The strategic partnership centers on the supply of Samsung’s next-generation high-bandwidth memory for AMD’s upcoming Instinct MI455X AI accelerators. It also focuses on optimizing DDR5 memory for AMD’s sixth-generation EPYC processors. The pact centers on advancing AI computing.

AMD CEO Lisa Su is on a tour in South Korea as she eyes critical supplies for high-bandwidth memory used in AI chipsets. The company is in a race against time to capitalize on the growing demand for chips to power data centers and AI systems. It hopes to secure long-term supply agreements as AI-driven workloads reshape the semiconductor space.

Advanced Micro Devices Inc. (NASDAQ:AMD) is a leading global semiconductor company that designs and markets high-performance computing, graphics, and visualization technologies. Key products include CPUs, GPUs, AI accelerators, and embedded processors for PCs, data centers, gaming consoles, and automotive markets.

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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