Yukon Wealth Management Inc. Invests $1.49 Million in Advanced Micro Devices, Inc. $AMD

Key Points

• Yukon Wealth Management initiated a $1.49 million position in AMD during the second quarter, purchasing 2,571 shares. AMD represents about 0.4% of the firm’s portfolio, while institutional investors collectively own 71.34% of the stock.
• AMD reported quarterly earnings of $1.66 per share, exceeding estimates, while revenue rose 50.1% year over year to $11.54 billion. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $553.72.
• AMD’s AI infrastructure expansion supports its growth outlook, but insider selling, competition from Nvidia, proposed semiconductor tariffs and a high valuation remain notable risks.

Yukon Wealth Management Inc. purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,571 shares of the semiconductor manufacturer's stock, valued at approximately $1,494,000. Advanced Micro Devices accounts for approximately 0.4% of Yukon Wealth Management Inc.'s investment portfolio, making the stock its 26th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. E Wealth Partners LLC acquired a new position in Advanced Micro Devices in the 2nd quarter valued at $1,505,000. WNY Asset Management LLC purchased a new stake in shares of Advanced Micro Devices in the second quarter valued at about $847,000. Hamilton Capital LLC acquired a new position in shares of Advanced Micro Devices during the second quarter worth about $497,000. Hayek Kallen Investment Management purchased a new position in Advanced Micro Devices during the second quarter worth about $499,000. Finally, Old North State Trust LLC purchased a new position in Advanced Micro Devices during the second quarter worth about $3,411,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Up 1.1%

Shares of Advanced Micro Devices stock opened at $470.72 on Tuesday. The company has a 50-day moving average of $504.05 and a two-hundred day moving average of $387.43. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The stock has a market cap of $768.44 billion, a PE ratio of 121.01 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. The business had revenue of $11.54 billion for 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 company's quarterly revenue was up 50.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.48 EPS. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Saudi Arabia AI deployment goes live: AMD, Cisco and HUMAIN announced that production AI compute is now operational in Saudi Arabia using AMD Instinct MI355X GPUs, EPYC CPUs and Cisco Silicon One networking. The companies plan to expand the project by up to 250 megawatts beginning in 2027, with broader plans potentially reaching 1 gigawatt by 2030. The rollout provides evidence of commercial demand for AMD’s data-center products and expands its international AI footprint. AMD, Cisco and HUMAIN Expand Saudi Arabia’s AI Infrastructure
• Positive Sentiment: Broader AI infrastructure momentum: Coverage also points to AMD collaborations involving expanded AI networks and a new supercomputer, reinforcing the investment case that the company can capture a portion of the rapidly growing accelerator and data-center market. AMD Stock Rises on New AI Infrastructure and Supercomputer Collaborations
• Positive Sentiment: Analyst-rating support: Wall Street Zen upgraded its rating on AMD, adding a favorable sentiment signal, though the article provides limited detail about the rationale. AMD Stock Rating Upgraded
• Neutral Sentiment: AI sector expectations remain elevated: Micron’s upcoming results could influence sentiment across AI semiconductor stocks. Strong AI demand may help AMD’s sector narrative, but an earnings disappointment could increase volatility throughout the group. Micron Could Be September’s Biggest AI Winner or Loser
• Negative Sentiment: Selling and competitive risks: ARK Invest sold approximately $74.5 million of AMD shares while buying Nvidia and Broadcom, potentially weighing on sentiment. Separately, Nvidia’s expanding chip portfolio highlights intensifying competition for AI workloads. Cathie Wood Sells AMD Stock
• Negative Sentiment: Policy and valuation overhang: Proposed U.S. tariffs on imported semiconductors and components could raise AMD’s supply-chain costs. Insider selling is another near-term confidence concern, while AMD’s high valuation leaves the stock vulnerable if AI growth expectations or execution disappoint. AMD Is Exposed to Proposed US Chip Tariffs

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction on Monday, August 24th. The stock was sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the completion of the transaction, the executive vice president directly owned 373,317 shares of the company's stock, valued at approximately $171,707,154.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 15,000 shares of the business's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $514.91, for a total value of $7,723,650.00. Following the sale, the executive vice president owned 117,687 shares in the company, valued at approximately $60,598,213.17. The trade was a 11.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 232,577 shares of company stock valued at $109,509,170 in the last 90 days. Insiders own 0.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Advanced Micro Devices in a report on Monday, August 3rd. Argus increased their target price on Advanced Micro Devices from $450.00 to $625.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Robert W. Baird set a $1,250.00 price target on Advanced Micro Devices in a report on Friday, July 24th. Roth Capital lifted their price target on Advanced Micro Devices from $500.00 to $650.00 and gave the company a "buy" rating in a research note on Friday, July 24th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $540.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $553.72.

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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