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The company's share price was up 0.3% as of 2:45 p.m. ET. The stock had been down as much as 5.2% near the session open.At the time of this article's filing, the S&P 500 and Nasdaq Composite were up 0.2% and 0.5%, respectively. While tech-heavy indexes opened the day with another round of sell-offs, there has been recovery momentum as investors shopped for deals in the artificial intelligence (AI) space.Image source: Getty Images.AI stocks have gotten hit hard in this week's trading, and today's session initially looked to be another day of substantial valuation pullbacks in the category. Investors have become increasingly pessimistic about the likelihood that the Federal Reserve will cut interest rates at its December meeting. A recent survey suggests that less than half of traders now expect a cut next month -- down from 95% of those surveyed in October.AMD stock was also hit with sell-offs this morning in response to geopolitical risk factors. In response to the possibility that Japan could respond militarily if China were to invade Taiwan, a Chinese diplomat threatened that Japan's military would be crushed in a post this morning. AMD relies on Taiwan Semiconductor Manufacturing for the fabrication of its chip designs, and a move by China to seize control of Taiwan could have a devastating impact on chip supply chains.On the heels of some big sell-offs, some investors have been buying into top AI names today. There's little doubt that AI is poised to be a massive long-term growth trend, and buying into leading players on pullbacks could deliver powerful returns for patient shareholders. While AMD stock could continue to see big volatility in the near term, the company's recent AI processing wins have some investors betting that the passage of time will show that recent valuation fears were overblown.Before you buy stock in Advanced Micro Devices, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $622,466!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,145,426!*Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,734.11 -3.38 (-0.05%)Dow 3047,147.48 -309.72 (-0.65%)Nasdaq22,900.59 +30.19 (+0.13%)Russell 20002,388.23 +5.25 (+0.22%)VIX19.83 -0.17 (-0.85%)Gold4,094.20 -100.30 (-2.39%)PortfolioSign in to access your portfolioSign inTop gainersCDTX Cidara Therapeutics, Inc. 217.71 +111.72 (+105.41%)SRRK Scholar Rock Holding Corporation 37.41 +7.34 (+24.41%)AVDL Avadel Pharmaceuticals plc 23.56 +4.32 (+22.45%)LGN Legence Corp. 40.27 +6.95 (+20.86%)CSIQ Canadian Solar Inc. 33.58 +4.96 (+17.33%)Top losersDGNX Diginex Limited 10.53 -2.97 (-22.00%)STUB StubHub Holdings, Inc. 14.87 -3.95 (-20.99%)HTFL Heartflow, Inc. 27.98 -2.96 (-9.57%)EOSE Eos Energy Enterprises, Inc. 13.80 -1.40 (-9.24%)CLSK CleanSpark, Inc. 10.96 -1.02 (-8.51%)Most activeNVDA NVIDIA Corporation 190.17 +3.31 (+1.77%)ONDS Ondas Holdings Inc. 7.18 +0.62 (+9.45%)OPEN Opendoor Technologies Inc. 8.12 -0.44 (-5.14%)TSLA Tesla, Inc. 404.35 +2.36 (+0.59%)PFE Pfizer Inc. 25.06 -0.73 (-2.83%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 95,731.34 -859.21 (-0.89%)ETH-USD Ethereum USD 3,196.23 +12.69 (+0.40%)XRP-USD XRP USD 2.25 -0.05 (-2.06%)SOL-USD Solana USD 141.13 -1.85 (-1.30%)BTC-CAD Bitcoin CAD 134,344.58 -1,205.78 (-0.89%)Top economic events