National Pension Service Has $2.09 Billion Holdings in Advanced Micro Devices, Inc. $AMD

National Pension Service grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 3,600,765 shares of the semiconductor manufacturer’s stock after acquiring an additional 49,053 shares during the period. Advanced Micro Devices accounts for approximately 1.4% of National Pension Service’s investment portfolio, making the stock its 13th biggest position. National Pension Service’s holdings in Advanced Micro Devices were worth $2,091,720,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. BlueCrest Capital Management Ltd acquired a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $1,295,000. Engineers Gate Manager LP boosted its position in Advanced Micro Devices by 287.6% during the 2nd quarter. Engineers Gate Manager LP now owns 51,157 shares of the semiconductor manufacturer’s stock worth $29,718,000 after buying an additional 37,958 shares during the period. Summit Financial Strategies Inc. acquired a new stake in Advanced Micro Devices during the 2nd quarter worth approximately $283,000. Insight Wealth Partners LLC bought a new stake in Advanced Micro Devices during the 2nd quarter worth approximately $436,000. Finally, Pinnacle Wealth Management Advisory Group LLC increased its position in Advanced Micro Devices by 10.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 11,481 shares of the semiconductor manufacturer’s stock valued at $6,669,000 after acquiring an additional 1,065 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Activity

In other news, EVP Forrest Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $459.95, for a total value of $7,939,196.95. Following the completion of the transaction, the executive vice president directly owned 373,317 shares of the company’s stock, valued at approximately $171,707,154.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the business’s stock in a transaction dated 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 in the company, valued at $595,245,602.07. This 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 90 days, insiders sold 107,577 shares of company stock worth $51,922,920. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Trading Up 3.0%

NASDAQ:AMD opened at $521.09 on Thursday. Advanced Micro Devices, Inc. has a 52 week low of $149.85 and a 52 week high of $584.73. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The firm’s fifty day moving average is $496.07 and its 200-day moving average is $400.91. The firm has a market cap of $850.66 billion, a P/E ratio of 133.96, a P/E/G ratio of 5.24 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last announced 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 business had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices’s quarterly revenue was up 50.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 earnings per share. Equities analysts expect that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AI market opportunity raised: CFO Jean Hu told investors at Citi’s 2026 Global TMT Conference that AMD’s addressable AI market could reach approximately $3 trillion by 2030, up from an earlier estimate near $2 trillion. The company also expects its data-center business to double in 2027, strengthening the long-term growth narrative. Why is AMD stock surging 3% today
• Positive Sentiment: Analyst and institutional support: The expanded AI outlook prompted higher price targets, including a reported $710 target from CLSA. Bank of America also identified AMD and Micron as beneficiaries of shifting semiconductor investment, while recent filings indicate substantial additions by large institutional investors. AMD Stock Surges on AI Market Forecast
• Positive Sentiment: Technical momentum improved: AMD was named IBD Stock of the Day after moving above an early buy point, suggesting that renewed investor demand is reinforcing the fundamental AI story. AMD Regains Investor Favor
• Neutral Sentiment: Execution remains critical: Analysts view AMD’s AI opportunity as substantial, but the company must secure adequate chip supply, execute its data-center roadmap and compete effectively with Nvidia and other custom-AI-chip providers. AMD’s AI Opportunity Raises the Stakes
• Negative Sentiment: Valuation and selling pressure are risks: AMD’s elevated valuation leaves limited room for execution disappointments. ARK Invest has recently reduced its AMD position, and reported insider transactions have consisted of sales rather than purchases. Cathie Wood Sheds More AMD

Wall Street Analyst Weigh In

AMD has been the subject of several analyst reports. Raymond James Financial raised shares of Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and raised their price target for the company from $565.00 to $641.00 in a research note on Tuesday, August 25th. Argus boosted their price objective on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. DA Davidson increased their price objective on Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Wells Fargo & Company raised their target price on Advanced Micro Devices from $615.00 to $700.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Finally, Truist Financial lifted their target price on Advanced Micro Devices from $478.00 to $594.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $565.12.

About Advanced Micro Devices

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.