Advanced Micro Devices (NASDAQ:AMD) Shares Gap Up – What’s Next?

Advanced Micro Devices, Inc. (NASDAQ:AMD) gapped up prior to trading on Tuesday . The stock had previously closed at $196.60, but opened at $211.63. Advanced Micro Devices shares last traded at $211.6280, with a volume of 29,413,599 shares.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Meta agreed to buy up to 6GW of AMD GPUs over multiple years, a large commercial win that could drive sustained data‑center revenue and share gains vs. Nvidia. AMD clinches second mega chip supply deal, this time with Meta
• Positive Sentiment: The agreement may include warrants/options allowing Meta to acquire up to ~10% of AMD, increasing strategic alignment and potential long‑term partnership benefits. Meta strikes up to $100B AMD chip deal as it chases ‘personal superintelligence’
• Positive Sentiment: The deal is an endorsement of AMD’s MI450 GPUs and Helios rack‑scale architecture — evidence hyperscalers will buy AMD multi‑generation stacks, supporting medium/long‑term margins and data‑center growth. AMD and Meta Announce Expanded Strategic Partnership to Deploy 6 Gigawatts of AMD GPUs
• Neutral Sentiment: Context: AMD recently reported strong Q4 results and accelerating data‑center revenue, which amplifies the positive read on this contract — but the deal’s multi‑year timing means revenue will phase in over time. AMD Just Won Another Massive AI Chip Deal. Its Stock Is Soaring.
• Negative Sentiment: Some bearish commentary and analyst scrutiny warn of execution risk, competitive pressure from Nvidia, and high valuation multiples that could cap near‑term upside. AMD: I Smell Desperation (Rating Downgrade)
• Negative Sentiment: Insider selling activity has been notable recently (multiple executives have sold shares), a datapoint some investors view as a caution even as institutions rebalance positions. $AMD stock is up 6% today. Here’s what we see in our data.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of recent analyst reports. DA Davidson upgraded Advanced Micro Devices to a “hold” rating in a research note on Friday, February 13th. Wells Fargo & Company restated an “overweight” rating and set a $345.00 price target on shares of Advanced Micro Devices in a research report on Friday, January 30th. KeyCorp raised their price objective on shares of Advanced Micro Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Raymond James Financial began 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. Finally, Bank of America restated a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $288.17.

Advanced Micro Devices Stock Performance

The company has a market capitalization of $343.44 billion, a P/E ratio of 79.76, a P/E/G ratio of 0.75 and a beta of 1.94. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average is $219.46 and its 200 day moving average is $207.52.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.21. The firm had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business’s quarterly revenue was up 34.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.09 earnings per share. As a group, equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total value of $26,795,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,152,476 shares in the company, valued at approximately $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 271,892 shares of company stock valued at $58,476,908. 0.06% of the stock is currently owned by corporate insiders.

Institutional Trading of Advanced Micro Devices

A number of hedge funds have recently made changes to their positions in AMD. Impax Asset Management Group plc increased its holdings in shares of Advanced Micro Devices by 326.5% during the third quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock valued at $8,424,000 after acquiring an additional 39,861 shares in the last quarter. Waterfront Wealth Inc. purchased a new stake in Advanced Micro Devices during the 2nd quarter valued at about $1,145,000. Global Retirement Partners LLC bought a new stake in Advanced Micro Devices during the 2nd quarter valued at about $4,519,000. Cornercap Investment Counsel Inc. raised its holdings in Advanced Micro Devices by 43.3% in the 2nd quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after acquiring an additional 3,702 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in shares of Advanced Micro Devices by 7.5% during the second quarter. Swiss National Bank now owns 4,917,975 shares of the semiconductor manufacturer’s stock valued at $697,861,000 after purchasing an additional 341,000 shares in the last quarter. 71.34% of the stock is 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.