State Street Corp Boosts Stock Holdings in Advanced Micro Devices, Inc. $AMD

State Street Corp lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,920,783 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,149,563 shares during the quarter. Advanced Micro Devices makes up approximately 0.9% of State Street Corp’s portfolio, making the stock its 17th largest position. State Street Corp’s holdings in Advanced Micro Devices were worth $46,606,266,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. BlackRock Inc. increased its stake in Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after buying an additional 4,535,126 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Advanced Micro Devices by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock worth $8,015,897,000 after buying an additional 287,525 shares during the last quarter. Norges Bank purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $4,929,312,000. Invesco Ltd. grew its holdings in shares of Advanced Micro Devices by 15.9% in the fourth quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer’s stock valued at $3,313,758,000 after acquiring an additional 2,124,867 shares in the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $7,022,226,000. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Investors are increasingly optimistic about AMD’s role in AI infrastructure. OpenAI reportedly agreed to deploy up to six gigawatts of AMD systems, while Oracle reportedly ordered 50,000 next-generation MI450 accelerators. Management has also indicated that data-center revenue could potentially double by 2027. AMD reaches $1 trillion valuation on AI demand
• Positive Sentiment: Recent operating momentum supports the bullish narrative: quarterly revenue rose 50.1% year over year to $11.54 billion, earnings exceeded estimates, and data-center revenue reportedly more than doubled. Reports that AMD may adopt GDDR7 memory for its Radeon GPUs could further improve its competitive position in graphics. AMD stock rises on GDDR7 reports
• Positive Sentiment: A reported 10% price increase on select high-performance chips suggests strong demand and potential pricing power, which could help offset higher manufacturing costs and support margins. Analysts remain broadly constructive, with some price targets above the current trading range. AMD considers chip price increase
• Neutral Sentiment: AMD’s milestone reflects broader technology strength: the Nasdaq reached a record level as falling oil prices and Treasury yields improved sentiment toward growth stocks and semiconductors. However, the rally has made AMD one of the market’s most closely watched and volatile mega-cap stocks.
• Negative Sentiment: After the previous session’s powerful advance, AMD shares pulled back as traders locked in gains. Technical commentary describes the stock as overbought, while some analysts argue that its valuation—at roughly 159 times earnings and more than 5 times PEG—leaves little room for execution missteps. Why AMD stock is falling after Monday’s surge
• Negative Sentiment: Insider-trading data shows extensive selling and no reported open-market purchases over the past six months, including sales by CEO Lisa Su and other executives. This may reinforce concerns about elevated valuation, although insider sales can also reflect scheduled diversification rather than a negative business outlook.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Morgan Stanley lifted their price target on Advanced Micro Devices from $410.00 to $465.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. Susquehanna raised their target price on Advanced Micro Devices from $450.00 to $500.00 and gave the company a “positive” rating in a research report on Thursday, July 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, August 3rd. Robert W. Baird set a $1,250.00 price target on shares of Advanced Micro Devices in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. increased their price target on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $565.12.

Advanced Micro Devices Stock Performance

AMD traded up $1.24 during trading hours on Tuesday, hitting $616.76. The stock had a trading volume of 15,430,841 shares, compared to its average volume of 33,410,160. Advanced Micro Devices, Inc. has a 1 year low of $154.78 and a 1 year high of $622.00. The company’s fifty day simple moving average is $495.87 and its 200 day simple moving average is $419.46. The stock has a market cap of $1.01 trillion, a PE ratio of 158.57, a price-to-earnings-growth ratio of 5.81 and a beta of 2.48. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share 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 net margin of 15.58% and a return on equity of 12.30%. The company’s quarterly revenue was up 50.1% on a year-over-year basis. During the same quarter last year, the business earned $0.48 earnings per share. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Insider Activity at Advanced Micro Devices

In related news, EVP Mark Papermaster sold 28,811 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the completion of the transaction, the chief executive officer owned 74,211 shares of the company’s stock, valued at $37,609,392.69. This represents a 25.20% 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 sold a total of 213,838 shares of company stock worth $105,533,836 in the last ninety days. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.