Advanced Micro Devices (NASDAQ:AMD) Stock Price Up 5.2% – What’s Next?

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price shot up 5.2% during trading on Thursday . The company traded as high as $354.96 and last traded at $354.49. 41,758,057 shares traded hands during trading, an increase of 8% from the average session volume of 38,662,871 shares. The stock had previously closed at $337.11.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Riot Platforms expanded its AMD data‑center deal (adds ~25 MW / doubles contracted capacity), a visible commercial win that signals more data‑center GPU deployments for AMD and helped lift market enthusiasm. Riot jumps 10% as AMD signs additional 25 MW AI deployment: Q1 Earnings
• Positive Sentiment: Leaked timing for AMD’s Ryzen AI “halo” mini‑PC has driven retail and trader excitement around new product cadence and edge/desktop AI sales upside. AMD Stock Rallies as a Release Date for the Ryzen AI Halo PC Leaks
• Positive Sentiment: Coverage pieces (e.g., Forbes) argue AMD is breaking into Nvidia’s data‑center dominance, reinforcing a narrative of expanding GPU+CPU share in AI infrastructure. That narrative supports a higher long‑term multiple if AMD keeps winning design slots. AMD’s AI Coup: Breaking The Nvidia Monopoly
• Positive Sentiment: Susquehanna and other bullish analyst notes ahead of earnings highlight growing data‑center demand and recommend buying before May 5, supporting short‑term momentum into AMD’s Q1 print. As Data Center Demand Grows, Susquehanna Says You Should Buy AMD Stock Before May 5
• Neutral Sentiment: Wall Street is split: several five‑star analysts are divided on valuation and near‑term upside even as the stock has rallied sharply, so guidance/metrics in AMD’s upcoming report will matter more than headlines. 5-Star Analysts Are Split on AMD as Stock Soars into Q1 Earnings
• Negative Sentiment: ARK Invest trimmed AMD from its ETF (Cathie Wood reallocated into Meta/Alphabet), signaling at least some active‑manager profit taking that can pressure the stock after a big run. Cathie Wood Loads Up on Meta, Alphabet Sells AMD
• Negative Sentiment: Schwab and other strategists warn the semiconductor group faces “overhead supply” risk after a near‑50% rally from March lows — a cautionary signal that a pullback or rotation is possible if earnings/guidance disappoint. Schwab Analyst: Chip Stocks Face ‘Overhead Supply’ Risk After 50% Rally Off March Lows
• Negative Sentiment: Royal Bank of Canada bumped its price target to $325 but kept a “sector perform” call; that TP sits below the current quote and can be read as a reminder of valuation risk if momentum fades. RBC Raises AMD Price Target to $325 (Benzinga)

Wall Street Analyst Weigh In

A number of research firms recently commented on AMD. Mizuho lifted their target price on Advanced Micro Devices from $275.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Stifel Nicolaus lifted their target price on Advanced Micro Devices from $280.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, April 20th. China Renaissance began coverage on Advanced Micro Devices in a report on Tuesday, January 13th. They set a “buy” rating and a $291.00 target price for the company. KeyCorp reaffirmed an “overweight” rating and set a $330.00 target price on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $300.05.

Advanced Micro Devices Price Performance

The company has a market capitalization of $587.80 billion, a price-to-earnings ratio of 136.05, a P/E/G ratio of 1.28 and a beta of 1.96. The stock has a fifty day simple moving average of $232.51 and a 200-day simple moving average of $228.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same period in the previous year, the company posted $1.09 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 34.1% on a year-over-year basis. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 5.82 EPS for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the transaction, the executive vice president directly owned 129,598 shares of the company’s stock, valued at approximately $26,550,742.26. The trade was a 5.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 125,000 shares of the business’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 sale, the chief executive officer owned 3,152,476 shares of the company’s stock, valued at $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 304,672 shares of company stock valued at $70,135,070. Insiders own 0.50% of the company’s stock.

Institutional Trading of Advanced Micro Devices

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Avion Wealth increased its position in shares of Advanced Micro Devices by 32.9% in the first quarter. Avion Wealth now owns 384 shares of the semiconductor manufacturer’s stock valued at $78,000 after buying an additional 95 shares in the last quarter. CAP Partners LLC increased its position in shares of Advanced Micro Devices by 11.8% during the first quarter. CAP Partners LLC now owns 1,864 shares of the semiconductor manufacturer’s stock worth $379,000 after purchasing an additional 196 shares in the last quarter. LGT Fund Management Co Ltd. increased its position in shares of Advanced Micro Devices by 817.8% during the first quarter. LGT Fund Management Co Ltd. now owns 45,093 shares of the semiconductor manufacturer’s stock worth $9,173,000 after purchasing an additional 40,180 shares in the last quarter. Global Assets Advisory LLC increased its position in shares of Advanced Micro Devices by 80.6% during the first quarter. Global Assets Advisory LLC now owns 7,727 shares of the semiconductor manufacturer’s stock worth $1,572,000 after purchasing an additional 3,448 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Advanced Micro Devices by 2.7% during the first quarter. International Assets Investment Management LLC now owns 29,915 shares of the semiconductor manufacturer’s stock worth $6,288,000 after purchasing an additional 800 shares in the last quarter. 71.34% of the stock is currently 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.