Advanced Micro Devices (NASDAQ:AMD) Trading Up 6.2% – Here’s Why

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price traded up 6.2% during trading on Friday . The company traded as high as $215.18 and last traded at $213.43. 58,157,421 shares changed hands during mid-day trading, an increase of 19% from the average session volume of 49,022,426 shares. The stock had previously closed at $201.06.

Advanced Micro Devices News Summary

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

• Positive Sentiment: News coverage cites multiple catalysts behind today’s rally: analyst upgrades/reiterates, AI product momentum and renewed investor enthusiasm. Why Advanced Micro Devices Stock Is Jumping Today
• Positive Sentiment: Wall Street bullishness — several firms see meaningful upside for AMD tied to AI demand; TipRanks highlights ~40% upside from top analysts which supports momentum and investor conviction. AMD Stock Forecast: Wall Street’s Top Analysts See 40% Upside
• Positive Sentiment: Geopolitical / commercial progress: China’s commerce minister met AMD CEO Lisa Su and reports say Su committed to deeper China investments — a signal that AMD is managing China relations to protect/address a large market for data‑center and AI sales. China’s commerce minister meets with AMD CEO in Beijing
• Neutral Sentiment: Some price‑target adjustments are minor headwinds but not a broad sell signal — Truist trimmed its target slightly (from $279 to $277) while maintaining a buy stance. AMD price target lowered by Truist
• Neutral Sentiment: Broader sector strength (Micron beat and AI capex narratives) is helping chip stocks generally — AMD is catching spillover buying as investors rotate into AI/compute names. AMD Stock Gains With Sector After Micron’s Strong Results
• Negative Sentiment: Insider activity: multiple recent insider sales (including top executives) are visible in Quiver’s dataset — this can worry short‑term sentiment even if company fundamentals remain intact. VOO is up 0.6% today, on AMD stock price movement
• Negative Sentiment: Near‑term volatility risk: recent commentary flagged China’s semiconductor push and concerns around customer financing (Oracle) as sources of downside pressure in prior sessions. AMD Stock Falls Amid China’s AI Chip Push And Oracle Funding Concerns

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of analyst reports. Jefferies Financial Group set a $300.00 price target on Advanced Micro Devices and gave the stock a “positive” rating in a research report on Monday, October 6th. Raymond James Financial initiated coverage on shares of Advanced Micro Devices in a research note on Thursday, November 20th. They issued an “outperform” rating and a $377.00 target price on the stock. Mizuho lifted their price target on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Bank of America reiterated a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Finally, Evercore ISI increased their price objective on shares of Advanced Micro Devices from $270.00 to $283.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $277.06.

Advanced Micro Devices Stock Up 6.2%

The company has a market cap of $347.47 billion, a P/E ratio of 105.66, a price-to-earnings-growth ratio of 1.47 and a beta of 1.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31. The business’s fifty day moving average is $229.76 and its two-hundred day moving average is $181.65.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The business had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. During the same period in the prior year, the firm earned $0.92 EPS. The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. Equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $411,686,940.60. This represents a 0.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 183,476 shares of company stock valued at $40,249,093. Company insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Advanced Micro Devices by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer’s stock worth $25,238,876,000 after purchasing an additional 1,348,892 shares during the period. State Street Corp raised its stake in Advanced Micro Devices by 2.4% in the third quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer’s stock worth $11,944,056,000 after buying an additional 1,755,182 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Advanced Micro Devices by 1.4% during the second quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock worth $5,181,556,000 after buying an additional 514,445 shares during the period. Norges Bank bought a new stake in Advanced Micro Devices during the 2nd quarter valued at $3,094,662,000. Finally, Amundi increased its holdings in shares of Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after acquiring an additional 1,319,064 shares during the period. 71.34% of the stock is currently owned by institutional investors.

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.