Advanced Micro Devices (NASDAQ:AMD) Stock Price Up 3.4% – What’s Next?

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s stock price traded up 3.4% during mid-day trading on Monday . The stock traded as high as $542.19 and last traded at $539.49. Approximately 26,379,985 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 37,743,352 shares. The stock had previously closed at $521.58.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: UBS raised its price target on AMD to $670 from $455 while keeping a Buy rating, reinforcing the view that the stock still has room to run. UBS Raises PT on Advanced Micro Devices (AMD)
• Positive Sentiment: Citi’s refreshed AI semiconductor rankings said AI compute demand remains undersupplied, a constructive signal for AMD as an AI infrastructure supplier. New leader board: Citi refreshes AI compute semiconductor picks
• Positive Sentiment: AMD also announced a £2 billion UK investment and plans to help build two AI supercomputers at Cambridge, supporting its long-term AI and data center growth story. AMD (AMD) Commits £2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge
• Positive Sentiment: Analysts and market commentary continue to frame AMD as a strong growth stock, and several articles highlighted renewed investor interest in the name. Here’s Why Advanced Micro Devices (AMD) is a Strong Growth Stock
• Neutral Sentiment: One article argued AMD’s recent share-price run has been driven more by valuation expansion than by underlying business results, which could mean the stock is vulnerable if expectations get too high. AMD Stock Is Crushing Nvidia’s in 2026. Will That Continue?
• Neutral Sentiment: AMD’s MEXT acquisition was described as an efficiency move for data centers rather than a disruptive change to the AI memory market, so it is supportive but not a major near-term catalyst. AMD Just Acquired MEXT to Crack the Memory Optimization Problem. Should Micron and Sandisk Investors Be Nervous?
• Negative Sentiment: Chip stocks, including AMD, were reported to be selling off on quarter-end positioning and broader macro caution, suggesting some short-term pressure from portfolio rebalancing rather than company-specific weakness. Why are Intel, AMD, ARM stocks selling off today?
• Negative Sentiment: One investor commentary urged holders of AMD and Micron to “look for an exit point,” reflecting rising caution after a strong AI-driven run. ‘Look for Exit Point,’ Says Investor About Micron and AMD Stocks

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Susquehanna increased their price target on Advanced Micro Devices from $375.00 to $450.00 and gave the company a “positive” rating in a research note on Wednesday, May 6th. Seaport Research Partners raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a research report on Wednesday, May 6th. TD Cowen lifted their target price on shares of Advanced Micro Devices from $500.00 to $600.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Weiss Ratings raised shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, The Goldman Sachs Group upgraded shares of Advanced Micro Devices from a “buy” rating to a “buy” rating in a research report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $445.81.

Advanced Micro Devices Stock Up 3.4%

The firm’s 50 day simple moving average is $445.21 and its two-hundred day simple moving average is $296.64. The firm has a market cap of $879.69 billion, a price-to-earnings ratio of 176.88, a PEG ratio of 1.54 and a beta of 2.50. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. During the same period in the previous year, the company posted $0.96 earnings per share. The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.15 EPS for the current year.

Insiders Place Their Bets

In other news, Director Nora Denzel sold 8,626 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the transaction, the director owned 87,173 shares of the company’s stock, valued at approximately $45,504,306. The trade was a 9.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the sale, the executive vice president owned 324,527 shares of the company’s stock, valued at approximately $140,000,947.80. This represents a 5.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 378,032 shares of company stock valued at $161,876,596 over the last three months. 0.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Advanced Micro Devices

A number of hedge funds have recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd lifted its stake in Advanced Micro Devices by 12.8% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer’s stock valued at $43,000 after purchasing an additional 24 shares during the last quarter. CLG LLC increased its holdings in shares of Advanced Micro Devices by 3.1% during the first quarter. CLG LLC now owns 1,008 shares of the semiconductor manufacturer’s stock worth $205,000 after buying an additional 30 shares in the last quarter. Columbia Bank boosted its holdings in shares of Advanced Micro Devices by 0.7% during the 1st quarter. Columbia Bank now owns 5,188 shares of the semiconductor manufacturer’s stock valued at $1,055,000 after acquiring an additional 34 shares in the last quarter. Evolution Wealth Management Inc. increased its holdings in Advanced Micro Devices by 11.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 352 shares of the semiconductor manufacturer’s stock worth $72,000 after purchasing an additional 35 shares in the last quarter. Finally, Focused Wealth Management Inc boosted its stake in shares of Advanced Micro Devices by 2.7% during the first quarter. Focused Wealth Management Inc now owns 1,431 shares of the semiconductor manufacturer’s stock valued at $291,000 after purchasing an additional 37 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

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.