Advanced Micro Devices (NASDAQ:AMD) is one of the key AI chip bets investors can make. The American chipmaker and AMD stock have been successful underdogs in the computing power space.More than a decade ago, Intel (NASDAQ:INTC), with its model of manufacturing its chips, dominated the CPU market. However, after several delays in manufacturing down to smaller node sizes, Intel eventually fell behind, and AMD gladly took advantage of the opportunity.AMD is playing an increasingly important role in the world o ...