Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) shares rose 3.3% on Wednesday . The company traded as high as $213.83 and last traded at $210.21. Approximately 40,296,226 shares traded hands during trading, an increase of 5% from the average daily volume of 38,251,945 shares. The stock had previously closed at $203.43.
More Advanced Micro Devices News
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?
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on AMD shares. Citigroup reaffirmed a "neutral" rating on shares of Advanced Micro Devices in a report on Thursday, January 15th. Wedbush reissued an "outperform" rating and issued a $290.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Royal Bank Of Canada restated a "sector perform" rating and set a $230.00 price target on shares of Advanced Micro Devices in a research note on Monday, March 16th. TD Cowen reaffirmed a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Roth Mkm reiterated a "buy" rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. One equities research 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. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $290.53.
Check Out Our Latest Stock Report on Advanced Micro Devices
Advanced Micro Devices Stock Up 3.3%
The stock has a market capitalization of $342.71 billion, a P/E ratio of 79.32, a P/E/G ratio of 0.74 and a beta of 1.98. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The firm's fifty day moving average is $212.23 and its 200-day moving average is $214.10.
Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm had revenue of $10.27 billion for the quarter, compared to analysts' expectations of $9.65 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The company's quarterly revenue was up 34.1% compared to the same quarter last year. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.
Insiders Place Their Bets
In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm's stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the sale, the executive vice president directly owned 289,098 shares of the company's stock, valued at $62,679,337.38. This trade represents a 6.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Lisa T. Su sold 85,000 shares of the business's stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value of $16,895,450.00. Following the completion of the transaction, the chief executive officer directly owned 3,146,006 shares in the company, valued at approximately $625,331,612.62. This represents a 2.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 239,392 shares of company stock valued at $50,016,383. Company insiders own 0.06% of the company's stock.
Institutional Investors Weigh In On Advanced Micro Devices
A number of hedge funds have recently added to or reduced their stakes in the stock. Impax Asset Management Group plc raised its stake in Advanced Micro Devices by 326.5% during the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer's stock worth $8,424,000 after buying an additional 39,861 shares during the period. Zweig DiMenna Associates LLC grew its stake in Advanced Micro Devices by 127.6% in the third quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer's stock valued at $11,746,000 after acquiring an additional 40,708 shares during the period. Wedbush Securities Inc. increased its holdings in shares of Advanced Micro Devices by 7.8% in the third quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer's stock worth $13,632,000 after acquiring an additional 6,095 shares in the last quarter. William Blair Investment Management LLC increased its holdings in shares of Advanced Micro Devices by 72.5% in the third quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer's stock worth $169,426,000 after acquiring an additional 440,296 shares in the last quarter. Finally, Wisconsin Capital Management LLC raised its position in shares of Advanced Micro Devices by 77.7% during the third quarter. Wisconsin Capital Management LLC now owns 25,111 shares of the semiconductor manufacturer's stock worth $4,063,000 after purchasing an additional 10,982 shares during the period. Institutional investors own 71.34% of the company's stock.
About Advanced Micro Devices
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Advanced Micro Devices, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Advanced Micro Devices wasn't on the list.
While Advanced Micro Devices currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
