Advanced Micro Devices (NASDAQ:AMD) Raised to “Hold” at Royal Bank Of Canada

Advanced Micro Devices (NASDAQ:AMD) was upgraded by investment analysts at Royal Bank Of Canada to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on AMD. CICC Research upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price objective for the company in a research note on Friday, November 7th. Citigroup reissued a “neutral” rating on shares of Advanced Micro Devices in a research report on Thursday. Roth Capital reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Susquehanna reiterated a “positive” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research note on Friday, October 31st. Finally, Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $276.16.

Advanced Micro Devices Trading Up 1.9%

NASDAQ:AMD opened at $227.92 on Wednesday. The firm has a 50-day simple moving average of $218.86 and a 200-day simple moving average of $194.06. Advanced Micro Devices has a one year low of $76.48 and a one year high of $267.08. The firm has a market cap of $371.06 billion, a P/E ratio of 112.83, a P/E/G ratio of 0.95 and a beta of 1.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The company had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. Advanced Micro Devices’s revenue was up 35.6% compared to the same quarter last year. During the same period last year, the company posted $0.92 earnings per share. Equities analysts anticipate that Advanced Micro Devices will post 3.87 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated 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 completion of the sale, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $215.14, for a total value of $26,892,500.00. Following the sale, the chief executive officer owned 3,277,476 shares in the company, valued at approximately $705,116,186.64. The trade was a 3.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 161,558 shares of company stock worth $35,461,719. Company insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in Advanced Micro Devices by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer’s stock worth $25,238,876,000 after buying an additional 1,348,892 shares during the last quarter. State Street Corp boosted its holdings in shares of Advanced Micro Devices by 2.4% in the 3rd quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer’s stock valued at $11,944,056,000 after acquiring an additional 1,755,182 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Advanced Micro Devices by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock valued at $5,181,556,000 after acquiring an additional 514,445 shares during the last quarter. Norges Bank acquired a new stake in shares of Advanced Micro Devices in the second quarter worth $3,094,662,000. Finally, Amundi raised its holdings in shares of Advanced Micro Devices by 17.5% during the third quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock worth $2,181,937,000 after purchasing an additional 2,012,865 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: TSMC’s blowout quarter reinforced broad AI chip demand, lifting chip-equipment and chipmaker stocks (including AMD) by increasing confidence in capacity, pricing and order visibility. Chip stocks pop after TSMC’s earnings beat boosts confidence in industrywide demand
• Positive Sentiment: Analyst upgrades and sales commentary: KeyBanc and other firms issued bullish notes (KeyBanc gave an Overweight/$270 view) while research and market checks say AMD’s server CPU inventory for 2026 is nearly sold out — a direct revenue catalyst for 2026. AMD also announced a TCS partnership to commercialize enterprise AI, which supports enterprise sales growth. AMD Stock Rallies 6% on Analyst Upgrade and TCS Partnership
• Positive Sentiment: Bank and boutique analysts turned increasingly constructive (Wells Fargo named AMD a top chip pick and some analysts highlighted >40% upside scenarios), reinforcing the narrative that AMD can capture meaningful AI datacenter share. AMD stock soaring over 6% today: why analyst sees over 40% upside ahead
• Neutral Sentiment: Research and editorials (Seeking Alpha conviction/open‑AI pieces) argue AMD’s OpenAI-related traction and rack-scale economics are long-term growth drivers, but these are narrative pieces — useful for conviction but not immediate earnings proof. AMD’s OpenAI Signal Is The Demand Catalyst Investors Wanted
• Negative Sentiment: Geopolitical policy risk: the U.S. administration announced a 25% tariff on select high‑end AI chips exported to China, explicitly naming product classes that include AMD’s MI325X — this raises sales/friction risks for China-bound datacenter business and could pressure margins/volumes if enforcement widens. Trump Targets Taiwan, China Supply Chains: President Slaps 25% Tariffs On Nvidia, AMD AI Chips Under National Security Order
• Negative Sentiment: Specific product headwinds: new tariffs and import restrictions hit particular AI SKUs (e.g., MI325X) and some outlets flagged newly imposed tariffs on AM D’s MI325X / Nvidia H200 — a potential near-term sales/distribution drag. Nvidia H200 and AMD MI325X Got Hit With New Tariffs
• Negative Sentiment: Execution/perception issues: a new Ryzen AI MAX+ 392 benchmark release and mixed CES reception prompted some investor caution that product performance/marketing may not yet fully meet expectations. AMD Stock Slips Despite New Ryzen AI MAX+ 392 Benchmark Data
• Negative Sentiment: Minor insider/insider-adjacent selling was reported (a single public sale by a U.S. representative), a small governance/data point that can add short-term noise. Rep. Gilbert Ray Cisneros, Jr. Sells Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares

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.