Daiichi Life Insurance Co. Ltd. Boosts Holdings in Advanced Micro Devices, Inc. $AMD

Daiichi Life Insurance Co. Ltd. boosted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 9.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 98,563 shares of the semiconductor manufacturer's stock after acquiring an additional 8,349 shares during the period. Advanced Micro Devices accounts for about 1.3% of Daiichi Life Insurance Co. Ltd.'s holdings, making the stock its 12th biggest position. Daiichi Life Insurance Co. Ltd.'s holdings in Advanced Micro Devices were worth $57,256,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Luminist Capital LLC purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter worth approximately $46,000. BOK Financial Private Wealth Inc. purchased a new position in Advanced Micro Devices in the second quarter valued at approximately $53,000. Toews Corp ADV purchased a new position in Advanced Micro Devices in the second quarter valued at approximately $66,000. Joseph Group Capital Management bought a new position in Advanced Micro Devices during the fourth quarter valued at $25,000. Finally, Cornerstone Financial Management LLC bought a new position in Advanced Micro Devices during the fourth quarter valued at $27,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Key Advanced Micro Devices News

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

• Positive Sentiment: AI growth outlook remains robust: AMD’s second-quarter revenue increased 50% year over year to approximately $11.5 billion, with data-center revenue more than doubling to $6.7 billion. Management’s roughly $13 billion third-quarter revenue outlook and 56% gross-margin forecast support expectations for continued momentum. AMD growth outlook
• Positive Sentiment: Analyst upgrade and product catalysts: Raymond James upgraded AMD, citing a potential $201 billion revenue opportunity by 2030 from agentic AI. AMD is also preparing the MI455X accelerator and Helios rack system, while ROCm 10, UCIe connectivity and new secure-AI initiatives could strengthen its ecosystem. Raymond James AMD upgrade
• Positive Sentiment: Enterprise AI positioning: AMD’s equity investment and joint development agreement with Nutanix could help it offer more complete inference and agentic-AI systems as an open alternative to Nvidia’s platform. AMD and Nutanix partnership
• Neutral Sentiment: Anthropic’s mixed chip strategy: Anthropic reportedly previously committed substantial spending involving AMD but later signed a six-year, $45 billion lease for Nvidia-powered capacity. The news suggests AMD remains relevant, but Nvidia may be the preferred provider for the largest AI workloads. Anthropic AMD and Nvidia spending
• Negative Sentiment: Insider and fund selling: EVP Forrest Norrod sold about $7.9 million of AMD stock and EVP Jean Hu sold approximately $7.1 million, both under pre-arranged Rule 10b5-1 plans. ARK Invest also sold about $18.2 million of AMD while rotating into Broadcom and Cerebras, weighing on sentiment after AMD’s substantial rally. AMD insider sale filing
• Negative Sentiment: Competition and risk factors: Nvidia’s blowout results emphasized AMD’s weaker margins and software ecosystem, while AMD’s elevated valuation, potential semiconductor tariffs, export restrictions and rising memory costs increase the execution risk required to sustain its growth expectations. Nvidia versus AMD investment comparison

Analysts Set New Price Targets

Several brokerages have issued reports on AMD. Susquehanna boosted their target price on Advanced Micro Devices from $450.00 to $500.00 and gave the company a "positive" rating in a research note on Thursday, July 30th. Wolfe Research set a $450.00 price target on Advanced Micro Devices and gave the stock an "outperform" rating in a research note on Monday, June 15th. TD Cowen reissued a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, August 5th. DA Davidson lifted their price objective on Advanced Micro Devices from $425.00 to $550.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Finally, Citigroup upgraded Advanced Micro Devices from a "market perform" rating to a "buy" rating in a research note on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and an average target price of $553.72.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 15,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $480.94, for a total transaction of $7,214,100.00. Following the completion of the transaction, the chief executive officer owned 3,102,156 shares of the company's stock, valued at $1,491,950,906.64. The trade was a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the sale, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 241,203 shares of company stock worth $114,011,942 in the last three months. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Trading Down 0.9%

Shares of AMD stock opened at $476.67 on Friday. The stock has a market capitalization of $778.15 billion, a price-to-earnings ratio of 122.54 and a beta of 2.48. The company's fifty day simple moving average is $507.14 and its two-hundred day simple moving average is $383.86. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts' consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The business's revenue for the quarter was up 50.1% on a year-over-year basis. During the same period last year, the company earned $0.48 earnings per share. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Advanced Micro Devices 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.

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