Advanced Micro Devices (NASDAQ:AMD) Shares Down 5.3% – Here’s What Happened

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price was down 5.3% during trading on Monday . The stock traded as low as $338.70 and last traded at $341.54. Approximately 41,567,914 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 38,655,820 shares. The stock had previously closed at $360.54.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Riot Platforms expanded its AMD data-center deal (reported expansion to 50MW with options to 150MW), a direct commercial validation of AMD’s data‑center/AI hardware strategy that supports longer-term revenue upside. Best Crypto Presale: Pepeto Leads 2026 as Riot Pivots to AI Data Centers and Dogecoin Breaks Above $0.10
• Positive Sentiment: Zyphra announced Zyphra Cloud running on AMD Instinct MI355X GPUs (serverless inference for large/open models), which highlights adoption of AMD accelerators in commercial AI stacks. Zyphra and AMD Partner to Power Zyphra Cloud on AMD Instinct™ MI355X GPUs
• Positive Sentiment: Analyst previews (Zacks and others) point to strong Data Center demand—EPYC CPUs and Instinct GPUs—heading into Q1 results, reinforcing the AI-driven revenue thesis that’s driven much of the recent rally. Can Strong Data Center Revenues Boost AMD’s Topline in Q1 Earnings?
• Neutral Sentiment: Market positioning ahead of earnings: option markets are pricing a large post‑earnings move and social/derivative chatter is high—this raises the chance of short-term swings regardless of fundamental print. AMD Stock Options Traders Are Pricing In a Whopping $55B Price Swing after Earnings
• Negative Sentiment: HSBC downgraded AMD to Hold from Buy, flagging valuation and production limits after a big rally—this note is the main driver cited for today’s share weakness as it signals limited near-term upside. AMD stock slips as HSBC downgrade flags valuation concerns ahead of earnings
• Negative Sentiment: Several cautionary notes on valuation/overbought conditions and large insider/celebrity sales (including Cathie Wood trimming exposure) are increasing risk sentiment into earnings. Cathie Wood Sheds Over $70M in AMD Stock, While Wall Street Remains Divided Ahead of Q1 Results

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Northland Securities restated a “market perform” rating and set a $260.00 price objective on shares of Advanced Micro Devices in a research report on Monday, April 27th. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. Piper Sandler restated an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Cantor Fitzgerald restated an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. Finally, Stifel Nicolaus lifted their price objective on Advanced Micro Devices from $280.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $303.84.

Advanced Micro Devices Stock Down 5.3%

The firm’s 50 day moving average is $232.51 and its two-hundred day moving average is $228.39. The stock has a market cap of $556.83 billion, a price-to-earnings ratio of 128.88, a P/E/G ratio of 1.30 and a beta of 2.40. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.21. The company had revenue of $10.27 billion during 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%.Advanced Micro Devices’s revenue was up 34.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.09 EPS. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 5.82 EPS for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. The trade was a 6.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark D. Papermaster sold 31,320 shares of the business’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the transaction, the executive vice president owned 1,236,037 shares of the company’s stock, valued at $432,612,950. This trade represents a 2.47% 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. Over the last 90 days, insiders have sold 304,672 shares of company stock valued at $70,135,070. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Columbia Bank increased its stake 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 during the last quarter. Evolution Wealth Management Inc. increased its holdings in shares of Advanced Micro Devices by 11.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 352 shares of the semiconductor manufacturer’s stock worth $72,000 after buying an additional 35 shares during the last quarter. Focused Wealth Management Inc increased its holdings in shares of Advanced Micro Devices by 2.7% during the 1st quarter. Focused Wealth Management Inc now owns 1,431 shares of the semiconductor manufacturer’s stock worth $291,000 after buying an additional 37 shares during the last quarter. HHM Wealth Advisors LLC increased its holdings in shares of Advanced Micro Devices by 2.4% during the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock worth $282,000 after buying an additional 40 shares during the last quarter. Finally, James J. Burns & Company LLC increased its holdings in shares of Advanced Micro Devices by 2.3% during the 4th quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer’s stock worth $389,000 after buying an additional 40 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

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.