Advanced Micro Devices (NASDAQ:AMD) Stock Price Down 2.4% – Here’s What Happened

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price fell 2.4% during mid-day trading on Tuesday . The company traded as low as $452.30 and last traded at $459.61. Approximately 16,044,925 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 34,318,777 shares. The stock had previously closed at $470.72.

More Advanced Micro Devices News

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

• Positive Sentiment: Saudi Arabia deployment validates AMD’s AI strategy. AMD, Cisco and HUMAIN said AMD Instinct MI355X-based AI infrastructure is now live and serving customers in Saudi Arabia. The partners plan to add up to 250 megawatts beginning in 2027, with an eventual target of as much as 1 gigawatt by 2030. The announcement provides evidence of real-world demand for AMD’s data-center GPUs, although the financial impact will develop over time. AMD’s Instinct Systems Are Now Live in Saudi Arabia
• Positive Sentiment: Third-party software progress could narrow Nvidia’s advantage. AI-inference startup Wafer reportedly raised $40 million after optimizing AMD-based systems to reach up to 80% of Nvidia’s performance at half the cost. If broadly replicated, improvements in software efficiency could make AMD hardware more attractive to cost-conscious AI customers. Wafer AI inference optimization
• Neutral Sentiment: AMD’s long-term AI opportunity remains significant, but expectations are elevated. Commentary highlights that AMD has already delivered substantial gains in 2026 and that CEO Lisa Su believes AI infrastructure spending is still in its early stages. However, comparisons with Alphabet and Broadcom emphasize that AMD’s valuation leaves less room for execution mistakes. Prediction: This Stock Could Be the Next Big AI Winner
• Negative Sentiment: Nvidia is reinforcing its competitive moat. Nvidia’s planned investment in MediaTek and renewed focus on specialized inference chips could strengthen its edge-to-cloud ecosystem, potentially limiting AMD’s share gains in AI infrastructure. NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
• Negative Sentiment: Macro pressure and portfolio selling are weighing on sentiment. Higher Treasury yields are pressuring expensive growth stocks, while ARK Invest reportedly sold roughly $74 million of AMD shares and shifted capital toward Nvidia and Broadcom. Investors are also monitoring potential U.S. semiconductor tariffs and tighter export controls, which could raise supply-chain costs or restrict addressable markets. ARK Invest Exits AMD Position

Analyst Ratings Changes

A number of research firms have recently weighed in on AMD. Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Saturday. Stifel Nicolaus raised their price target on Advanced Micro Devices from $450.00 to $635.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Argus increased their target price 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. HSBC downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and upped their price objective for the stock from $335.00 to $340.00 in a research report on Monday, May 4th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $540.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $553.72.

Advanced Micro Devices Trading Down 2.4%

The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The firm has a market cap of $750.30 billion, a price-to-earnings ratio of 118.15 and a beta of 2.48. The business’s 50-day moving average price is $504.05 and its two-hundred day moving average price is $387.43.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.04. The business had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company’s quarterly revenue was up 50.1% on a year-over-year basis. During the same period last year, the company 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.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the transaction, the executive vice president 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total value of $7,111,200.00. Following the sale, the executive vice president directly owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. This trade represents a 8.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 232,577 shares of company stock worth $109,509,170. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after buying an additional 2,970 shares during the last quarter. United Bank boosted its stake in shares of Advanced Micro Devices by 22.0% during the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock valued at $1,881,000 after buying an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in shares of Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after buying an additional 7,228 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.