Advanced Micro Devices (NASDAQ:AMD) Shares Up 1.1% – What’s Next?

Advanced Micro Devices, Inc. (NASDAQ:AMD) was up 1.1% on Monday . The company traded as high as $475.81 and last traded at $470.72. 12,237,515 shares traded hands during trading, a decline of 64% from the average session volume of 34,427,598 shares. The stock had previously closed at $465.58.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AMD, Cisco and HUMAIN said AMD Instinct MI355X-based AI infrastructure is now live in Saudi Arabia and serving customers. The partners plan up to 250 megawatts of additional capacity beginning in 2027, with a longer-term target of as much as 1 gigawatt by 2030. This provides tangible evidence of demand for AMD’s data-center products. AMD’s Instinct Systems Are Now Live in Saudi Arabia
• Positive Sentiment: Analyst commentary remains broadly bullish after AMD’s roughly 115% gain in 2026, with reports citing an average price target near $647 and expectations for additional upside. Strong recent earnings, including 50% year-over-year revenue growth and approximately $13 billion in third-quarter guidance, support the longer-term AI growth narrative. AMD Stock Surges 115% in 2026
• Neutral Sentiment: Investor Stanley Druckenmiller reportedly opened a position in AMD as an alternative AI-chip investment, offering a high-profile endorsement of AMD’s competitive potential. However, the report does not indicate a new company announcement or change to fundamentals. Stanley Druckenmiller Opens a Position in an AI-Chip Challenger
• Negative Sentiment: Higher oil prices, rising Treasury yields and a broader global bond-market selloff are pressuring semiconductor shares and other high-growth technology stocks. AMD’s elevated valuation—reported at more than 100 times earnings—leaves it particularly vulnerable to multiple compression and profit-taking after its strong rally. AI and Memory Stocks Extend Their Slide
• Negative Sentiment: ARK Invest continued trimming AMD, including a reported $3.4 million sale, adding a near-term supply overhang and signaling that Cathie Wood is reallocating capital within the AI trade. NVIDIA’s efforts to defend its AI ecosystem through MediaTek and new inference products also reinforce competitive concerns for AMD. ARK Keeps Selling AMD Shares

Analysts Set New Price Targets

Several research analysts have issued reports on AMD shares. Evercore reaffirmed an “outperform” rating and issued a $579.00 target price on shares of Advanced Micro Devices in a report on Tuesday, May 19th. Mizuho increased their price objective on shares of Advanced Micro Devices from $615.00 to $625.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Robert W. Baird set a $1,250.00 target price on Advanced Micro Devices in a research report on Friday, July 24th. TD Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $700.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $553.72.

Advanced Micro Devices Stock Down 2.4%

The company has a fifty day moving average of $502.84 and a two-hundred day moving average of $389.16. The company has a market cap of $750.30 billion, a PE ratio of 118.15, a price-to-earnings-growth ratio of 4.87 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. During the same period in the previous year, the company earned $0.48 EPS. The firm’s revenue for the quarter was up 50.1% compared to the same quarter last year. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,261 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $459.95, for a total value of $7,939,196.95. Following the transaction, the executive vice president owned 373,317 shares of the company’s stock, valued at $171,707,154.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This trade represents a 2.23% 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. In the last quarter, insiders sold 232,577 shares of company stock valued at $109,509,170. Company insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMD. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Advanced Micro Devices during the 4th quarter worth approximately $27,000. Cornerstone Financial Management LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $27,000. Basepoint Wealth LLC acquired a new stake in Advanced Micro Devices in the fourth quarter valued at $30,000. JNBA Financial Advisors increased its stake in Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 30 shares during the last quarter. Finally, Graney & King LLC purchased a new position in shares of Advanced Micro Devices during the first quarter worth about $31,000. 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.