Advanced Micro Devices

AMD spent most of its history as the scrappy underdog to Intel and, over the past several years, finally caught and passed it in key markets. It designs the CPUs and GPUs that go into PCs, game consoles and, increasingly, data centers, and its Ryzen and EPYC chips clawed away large chunks of Intel's share by being faster and cheaper. The bigger prize now is AI: AMD is the main challenger to Nvidia in the accelerators that train and run large models, a market where even second place is worth a fortune. Its 2022 purchase of Xilinx added programmable chips and deepened its data-center reach. Founded in 1969 and based in Santa Clara, California, AMD outsources its manufacturing to TSMC, which lets it focus on design. The stock rides on how much of the AI-chip market it can pry away from Nvidia.

On MyRWA, AMD trades tokenized across 39 on-chain venues - see the listings below.