Advanced Micro Devices (NASDAQ:AMD) Stock Price Up 1.6% – Time to Buy?

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) traded up 1.6% on Thursday . The company traded as high as $256.08 and last traded at $253.73. 37,286,833 shares changed hands during trading, a decline of 6% from the average session volume of 39,719,148 shares. The stock had previously closed at $249.80.

Key Advanced Micro Devices News

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

• Positive Sentiment: Momentum: AMD is on a multi‑session winning streak and market commentary highlights renewed investor enthusiasm around server CPUs for AI workloads, which is helping buying interest. Read More.
• Positive Sentiment: AI/data‑center growth thesis: Analysts and company commentary point to strong AI revenue potential (AMD targets very high AI CAGR), driven by Helios racks, Instinct GPUs and global partner deals — supporting expectations for sizable data‑center revenue upside. Read More.
• Positive Sentiment: Customer/infra validation: Riot Platforms disclosed a multi‑year Rockdale lease with AMD (initial 25 MW with option to scale to 200 MW), a tangible signal that AMD is securing dedicated data‑center capacity for AI/HPC deployments. Read More.
• Positive Sentiment: Governance: AMD added former Accenture CFO KC McClure to the board, which investors view as strengthening financial oversight as the company scales capital‑intensive AI initiatives. Read More.
• Neutral Sentiment: Product convenience: A new Adrenalin driver/AI bundle update aims to simplify AI setup on consumer/pro‑level GPUs — a small but positive usability improvement that supports adoption. Read More.
• Neutral Sentiment: Analyst coverage: Many boutiques and large firms remain bullish and have raised price targets, keeping a supportive analyst backdrop ahead of AMD’s upcoming quarter; that said, targets vary widely. Read More.
• Negative Sentiment: Valuation/rotation risk: Some analysts warn tech momentum may fade and that AMD’s rally already prices much of the AI upside — raising the risk of near‑term underperformance if growth or guidance disappoints. Read More.
• Negative Sentiment: Insider selling: Recent disclosed insider sales (including an SVP sale) may spook some investors ahead of earnings, even if sales can be routine. Read More.
• Negative Sentiment: Policy/tariff risk: Reports of tariffs on certain MI‑series chips could pressure margins or order timing if implemented more broadly; this is a regulatory downside to monitor. Read More.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $260.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. KeyCorp reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 target price on the stock in a research report on Wednesday, October 8th. Piper Sandler reiterated an “overweight” rating and set a $280.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Finally, Sanford C. Bernstein boosted their price target on Advanced Micro Devices from $200.00 to $225.00 and gave the stock a “market perform” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $279.67.

Advanced Micro Devices Trading Up 1.6%

The business’s fifty day moving average price is $218.29 and its 200 day moving average price is $197.19. The company has a quick ratio of 1.68, a current ratio of 2.31 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $413.08 billion, a PE ratio of 125.61, a P/E/G ratio of 0.97 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The business’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.92 earnings per share. As a group, analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the transaction, the chief executive officer directly owned 3,277,476 shares of the company’s stock, valued at $705,116,186.64. The trade was a 3.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction that occurred 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 sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 164,000 shares of company stock worth $36,034,173. 0.06% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Wise Wealth Partners acquired a new stake in Advanced Micro Devices in the second quarter valued at $343,000. Waterfront Wealth Inc. acquired a new position in Advanced Micro Devices during the 2nd quarter worth $1,145,000. Global Retirement Partners LLC bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth about $4,519,000. Cornercap Investment Counsel Inc. increased its position in shares of 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 purchasing an additional 3,702 shares during the last quarter. Finally, Swiss National Bank raised its stake in shares of Advanced Micro Devices by 7.5% in the 2nd 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 hedge funds and other 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.