Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) traded down 2.9% during mid-day trading on Monday . The stock traded as low as $192.87 and last traded at $196.04. 40,748,411 shares traded hands during trading, an increase of 7% from the average session volume of 38,059,184 shares. The stock had previously closed at $201.99.
Trending Headlines about Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Wells Fargo added AMD to its Q2 Tactical Ideas list with an Overweight rating and a high price target, calling the setup into upcoming earnings favorable because of continued EPYC server CPU demand and growing GW-scale AI traction. Wall Street Flags Advanced Micro Devices as a Buy Before Earnings
- Positive Sentiment: Chip-sector rally (driven in part by a large Intel fab deal and renewed AI momentum) is lifting peers including AMD, supporting multiple re-ratings and buying interest ahead of earnings. Intel Jumps 8%, AMD Rises 3%: A $14.2 Billion Fab Deal and AI Momentum Lift the Chip Sector
- Positive Sentiment: An AI startup, Upstage, is reported to be in talks to buy ~10,000 AMD accelerators — a concrete example of demand from hyperscale/AI buyers that could translate into meaningful data-center revenue if deals close. AI Startup “Upstage” in Talks to Purchase 10,000 Advanced Micro Devices (AMD) Chips in Korea
- Positive Sentiment: AMD is marketing its high-performance CPUs and AI chips for NASA’s sustained lunar and deep-space efforts — a signal the company is pursuing specialized, mission-critical defense/space opportunities that could yield long-term, high-margin contracts. AMD Says Space Needs Smarter Chips Now And It’s Ready To Deliver
- Neutral Sentiment: Social and trade chatter about planned 10–15% CPU price hikes and extended lead times is boosting demand narrative — helpful for near-term revenue expectations but not yet confirmed as company-wide pricing policy. AMD Stock (AMD) Opinions on CPU Price Hikes and AI Demand
- Neutral Sentiment: Broad analyst support and strong sell‑side positioning (multiple buy/outperform ratings and above‑average price targets) are underpinning investor confidence into earnings; this is a tailwind but already priced in by some institutions. AMD Stock Rallies as Wells Fargo Heaps Praise on the Chipmaker
- Negative Sentiment: Cathie Wood’s ARK sold roughly 57,000 AMD shares as part of a broader shift away from semiconductors — a headline that can sap momentum even if the absolute size is small relative to AMD’s float. Bye Bye, AMD! Cathie Wood Ditches 57K Advanced Micro Shares
- Negative Sentiment: Analyst notes and company commentary flag potential deceleration in Gaming/semi‑custom revenue after a large sequential drop — a risk to near‑term growth expectations that investors will watch at the next report. AMD’s Gaming Revenues Set to Decelerate: What’s the Path Ahead?
Wall Street Analysts Forecast Growth
AMD has been the subject of a number of research analyst reports. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Roth Mkm reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Jefferies Financial Group reiterated a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Royal Bank Of Canada reissued a “sector perform” rating and set a $230.00 price objective on shares of Advanced Micro Devices in a research report on Monday, March 16th. Finally, UBS Group set a $310.00 target price on Advanced Micro Devices in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $290.53.
Advanced Micro Devices Trading Up 3.3%
The firm has a market cap of $342.71 billion, a P/E ratio of 79.32, a PEG ratio of 0.74 and a beta of 1.98. The company’s 50 day moving average is $212.23 and its two-hundred day moving average is $214.10. 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 – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same period in the previous year, the company posted $1.09 earnings per share. The company’s quarterly revenue was up 34.1% compared to the same quarter last year. 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, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total value of $4,216,954.50. Following the sale, the executive vice president owned 289,098 shares of the company’s stock, valued at $62,679,337.38. The trade was a 6.30% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Paul Darren Grasby sold 7,500 shares of the 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 transaction, the executive vice president owned 129,598 shares of the company’s stock, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 239,392 shares of company stock valued at $50,016,383. Company insiders own 0.06% of the company’s stock.
Institutional Trading of Advanced Micro Devices
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $4,929,312,000. Jennison Associates LLC boosted its stake in Advanced Micro Devices by 181.6% in the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after buying an additional 7,035,991 shares in the last quarter. Cardano Risk Management B.V. bought a new stake in Advanced Micro Devices in the fourth quarter valued at $1,000,783,000. Wellington Management Group LLP raised its stake in Advanced Micro Devices by 335.9% during the third quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after acquiring an additional 3,735,807 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in Advanced Micro Devices by 340.1% during the fourth quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after acquiring an additional 3,669,054 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Company Profile
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.
Further Reading
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