Advanced Micro Devices (NASDAQ:AMD) Trading 1.9% Higher – Here’s What Happened

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) shot up 1.9% during trading on Thursday . The company traded as high as $238.35 and last traded at $227.92. 54,715,329 shares were traded during mid-day trading, an increase of 48% from the average session volume of 36,913,266 shares. The stock had previously closed at $223.60.

More Advanced Micro Devices News

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: TSMC’s blowout results lifted the whole chip complex, increasing confidence in AI-driven silicon demand that benefits AMD (EPYC/Instinct sales and partner build plans). Chip stocks pop after TSMC’s earnings beat boosts confidence
• Positive Sentiment: Wells Fargo’s bullish call and other analyst upgrades (some projecting large upside) pushed optimism on AMD’s share of the AI/server market and supported the stock. AMD stock soaring over 6% today: why analyst sees over 40% upside ahead
• Positive Sentiment: Analysts and market notes point to very tight server CPU supply for 2026 (hyperscaler bookings), and KeyBanc’s upgrade/price-target lift reinforced expectations for stronger server revenue. That supply/demand story is a direct revenue catalyst. AMD Is Almost Sold Out of CPUs for 2026. Does That Make AMD Stock a Buy Now?
• Positive Sentiment: AMD announced a strategic collaboration with Tata Consultancy Services (TCS) to accelerate enterprise AI adoption — a commercial channel that can expand enterprise bookings for AMD’s CPUs/GPUs and strengthen long-term enterprise positioning. TCS and AMD Announce Strategic Collaboration to Drive AI Adoption at Scale
• Neutral Sentiment: AMD’s CES keynote and some product announcements received mixed investor reactions; the messaging may be long-term positive for edge and inference but didn’t remove short-term expectations variability. Is AMD Stock a Buy After Its CES Keynote?
• Neutral Sentiment: New x86/AI-capable chip family launches and earnings beat history keep the long-term narrative intact, but near-term execution and competition remain watchpoints. Advanced Micro Devices (AMD) Launches a New Family of x86 Chips
• Negative Sentiment: President Trump’s proclamation imposing a 25% tariff on select high-end AI chips (including some AMD processors) raises near-term pricing, margin and China-market risk for AMD’s AI product lines. Markets priced in policy uncertainty. Trump Targets Taiwan, China Supply Chains: President Slaps 25% Tariffs On Nvidia, AMD AI Chips Under National Security Order
• Negative Sentiment: Notable insider selling activity in recent months is being monitored by investors; heavy executive sales can be viewed as a cautionary signal even if for non-fundamental reasons. Rep. Gilbert Ray Cisneros, Jr. Sells Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AMD shares. UBS Group boosted their price objective on shares of Advanced Micro Devices from $265.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Barclays reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, November 12th. JPMorgan Chase & Co. lifted their target price on Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Piper Sandler reissued an “overweight” rating and set a $280.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Finally, Jefferies Financial Group set a $300.00 price objective on shares of Advanced Micro Devices and gave the company a “positive” rating in a report on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $276.16.

Advanced Micro Devices Stock Performance

The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04. The company has a market cap of $371.06 billion, a PE ratio of 112.83, a price-to-earnings-growth ratio of 0.94 and a beta of 1.95. The firm’s fifty day moving average is $219.06 and its 200 day moving average is $193.82.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The company’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.92 earnings per share. As a group, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction on Friday, November 14th. The shares were sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the sale, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the sale, the executive vice president owned 300,348 shares of the company’s stock, valued at $68,890,820.76. This trade represents a 6.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 161,558 shares of company stock valued at $35,461,719 over the last ninety days. Insiders own 0.06% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new stake in Advanced Micro Devices during the second quarter worth $3,094,662,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $958,422,000. Jennison Associates LLC purchased a new stake in Advanced Micro Devices in the 3rd quarter valued at about $626,826,000. Wellington Management Group LLP raised its holdings in Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock valued at $784,330,000 after buying an additional 3,735,807 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in Advanced Micro Devices by 104.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock worth $1,283,096,000 after buying an additional 3,059,935 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.