Advanced Micro Devices (NASDAQ:AMD) Trading Up 3.8% – Still a Buy?

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were up 3.8% during trading on Tuesday . The stock traded as high as $204.00 and last traded at $203.43. Approximately 41,397,698 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 38,206,258 shares. The stock had previously closed at $196.04.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Large AI order chatter — South Korean AI startup Upstage is reported to be in talks to buy ~10,000 AMD chips, a development investors see as direct demand validation for AMD’s MI/Instinct accelerator lineup. AI Startup “Upstage” in Talks to Purchase 10,000 Advanced Micro Devices (AMD) Chips in Korea
• Positive Sentiment: CPU price hikes and supply tightness — social and data‑center conversations about planned 10–15% CPU price increases (and extended lead times) are being interpreted as evidence of strong demand, especially for AI workloads, supporting a re‑rating vs. Intel. AMD Stock (AMD) Opinions on CPU Price Hikes and AI Demand
• Positive Sentiment: Supply chain/partnership tailwind — AMD and Samsung expanded an MoU for next‑gen HBM4 memory supply (and potential foundry talks), which reduces a key bottleneck for high‑end AI GPUs. AMD And Samsung Partnership Adds New Piece To AI Supply Story
• Positive Sentiment: Bullish analyst/macro narratives — UBS and other firms have flagged large‑scale AI megadeals as major upside drivers, with multi‑hundred‑dollar price targets feeding momentum. That institutional optimism is supporting flows into AMD. AMD Stock Gains Momentum As UBS Eyes 54% Upside On AI Megadeals
• Neutral Sentiment: Analyst & institutional mix — many firms remain bullish (median targets elevated around ~$291) even as some large funds trimmed positions; this produces polarized positioning that can amplify moves in either direction. $AMD stock is down 4% today. Here’s what we see in our data.
• Negative Sentiment: Gaming revenue risk — Zacks flags that gaming revenue, while up year‑over‑year, showed a sharp sequential slowdown and weak semi‑custom guidance that could pressure near‑term growth expectations. AMD’s Gaming Revenues Set to Decelerate: What’s the Path Ahead?
• Negative Sentiment: Heavy insider selling — data shows significant insider sales activity over recent months, which some traders view as a governance/conviction flag and a short‑term headwind on sentiment. AMD Stock (AMD) Opinions on CPU Price Hikes and AI Demand
• Negative Sentiment: Macro/geopolitical volatility — recent techwide pullbacks and Middle East tensions have triggered risk‑off flows; traders are watching dips and using geopolitical headlines to take chips off the table. Why Is AMD Stock Down Today?

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $230.00 price target on shares of Advanced Micro Devices in a research report on Monday, March 16th. Truist Financial set a $283.00 price objective on Advanced Micro Devices in a research note on Wednesday, February 4th. Phillip Securities raised Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Wells Fargo & Company restated an “overweight” rating and set a $345.00 target price on shares of Advanced Micro Devices in a research note on Friday, January 30th. Finally, Benchmark reaffirmed a “buy” rating and issued a $325.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus price target of $290.53.

Advanced Micro Devices Trading Up 3.8%

The firm has a market cap of $331.67 billion, a P/E ratio of 76.77, a PEG ratio of 0.76 and a beta of 1.98. The company’s 50 day moving average is $212.80 and its two-hundred day moving average is $213.79. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter last year, the company earned $1.09 EPS. The company’s quarterly revenue was up 34.1% on a year-over-year basis. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the sale, the chief executive officer owned 3,152,476 shares in the company, valued at $675,764,755.36. The trade was a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the sale, the executive vice president directly owned 129,598 shares in the company, valued at $26,550,742.26. This trade represents a 5.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 239,392 shares of company stock valued at $50,016,383 in the last ninety days. 0.06% of the stock is owned by company insiders.

Institutional Trading of Advanced Micro Devices

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. HHM Wealth Advisors LLC increased its stake in Advanced Micro Devices by 2.4% during the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock worth $282,000 after acquiring an additional 40 shares during the last quarter. James J. Burns & Company LLC lifted its stake in shares of Advanced Micro Devices by 2.3% in the 4th quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer’s stock valued at $389,000 after purchasing an additional 40 shares in the last quarter. HBK Sorce Advisory LLC grew its holdings in shares of Advanced Micro Devices by 0.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock worth $2,169,000 after purchasing an additional 43 shares during the period. Wilmington Savings Fund Society FSB increased its position in Advanced Micro Devices by 0.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock worth $1,409,000 after purchasing an additional 43 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its holdings in Advanced Micro Devices by 0.9% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,912 shares of the semiconductor manufacturer’s stock valued at $1,052,000 after buying an additional 43 shares during the period. 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.