Advanced Micro Devices, Inc. $AMD Shares Purchased by ICICI Prudential Asset Management Co Ltd

ICICI Prudential Asset Management Co Ltd boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 22.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 24,922 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,602 shares during the quarter. ICICI Prudential Asset Management Co Ltd’s holdings in Advanced Micro Devices were worth $4,032,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the company. Norges Bank acquired a new stake in Advanced Micro Devices during the 2nd quarter worth $3,094,662,000. Jennison Associates LLC acquired a new stake in shares of Advanced Micro Devices during the third quarter worth about $626,826,000. Nordea Investment Management AB boosted its stake in shares of Advanced Micro Devices by 203.7% during the third quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after buying an additional 2,619,294 shares during the period. Rafferty Asset Management LLC grew its holdings in shares of Advanced Micro Devices by 56.0% during the second quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock worth $961,078,000 after buying an additional 2,430,533 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Advanced Micro Devices by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock valued at $21,944,673,000 after acquiring an additional 2,281,508 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the transaction, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at $705,116,186.64. The trade was a 3.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the completion of the sale, the senior vice president owned 16,359 shares in the company, valued at $3,834,876.78. This represents a 12.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 271,892 shares of company stock worth $58,476,908 over the last 90 days. 0.06% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AMD shares. DA Davidson raised Advanced Micro Devices to a “hold” rating in a report on Friday, February 13th. Rosenblatt Securities reissued a “buy” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Melius Research set a $380.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Mizuho boosted their price target on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Finally, TD Cowen restated a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $288.17.

More Advanced Micro Devices News

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

• Positive Sentiment: Benchmark reiterated a Buy and $325 price target, forecasting “tens of billions” of AI revenue for AMD by 2027 — a bullish analyst view that supports higher long-term estimates for data‑center chip demand. Benchmark Sees Advanced Micro Devices (AMD) Generating Tens of Billions in AI Revenue by 2027
• Positive Sentiment: AMD will guarantee up to $300M in financing for Crusoe to buy AMD AI chips for a new Ohio data center — a direct demand-pull tactic (similar to NVIDIA’s moves) that accelerates large-scale deployments and supports near‑term sales. AMD to backstop $300 million Crusoe loan, the Information reports
• Positive Sentiment: AMD landed a big customer to supply AI chips for a 200MW data‑center project in India (Helios blueprint), adding a concrete design win and exposure to a fast‑growing market for on‑prem AI capacity. AMD Shareholders Received Amazing News From a Massive New Customer
• Positive Sentiment: AMD publicly pushed back on delay rumors, saying MI455X shipments remain on track for H2 2026 — that reduces uncertainty around product cadence and supports near‑term execution. AMD Responds to Rumors About Potential Delays
• Positive Sentiment: Institutional/active managers are buying: reports show ARK added AMD recently — flows from large funds can amplify positive momentum. Cathie Wood ARK Invest Buys Broadcom, AMD and Coinbase on February 17
• Neutral Sentiment: Industry context: commentators compare AMD vs Broadcom as long‑term winners; Broadcom’s diversification is cited as a durable advantage but AMD’s AI/data‑center momentum keeps it competitive. AMD vs. Broadcom: Which One Will Dominate the Next Decade?
• Neutral Sentiment: Macro/market placement: reports highlight large planned AI data‑center projects in India (OpenAI/Tata 1GW) that could expand total addressable market for chips — positive for the sector but timing/competitive share remains uncertain. After AMD, OpenAI Partners With Tata To Build Massive 1GW AI Data Center In India
• Negative Sentiment: Near‑term headwinds: social and analyst commentary point to a sharp pullback after conservative guidance (post‑earnings selloff) and significant insider selling flagged by data aggregators — factors that pressure sentiment and valuation multiples. AMD Stock (AMD) Opinions on Recent Earnings Report
• Negative Sentiment: Competitive risk: Nvidia’s expanding partnerships (e.g., Meta) highlight the risk of share erosion in certain CPU/GPU pairings — a sector‑level headwind for AMD where NVIDIA wins strategic cloud deals. Nvidia pushes into Intel and AMD’s turf with a ‘multigenerational’ Meta deal

Advanced Micro Devices Price Performance

AMD stock opened at $203.37 on Friday. The firm has a 50 day moving average of $219.89 and a 200-day moving average of $206.65. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The company has a market cap of $331.58 billion, a price-to-earnings ratio of 76.74, a PEG ratio of 0.75 and a beta of 1.94.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company’s revenue was up 34.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.09 EPS. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

About Advanced Micro Devices

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.