Thornburg Investment Management Inc. Sells 2,546 Shares of Advanced Micro Devices, Inc. $AMD

Thornburg Investment Management Inc. cut its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 114,262 shares of the semiconductor manufacturer’s stock after selling 2,546 shares during the period. Thornburg Investment Management Inc.’s holdings in Advanced Micro Devices were worth $18,486,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. HHM Wealth Advisors LLC raised its stake in Advanced Micro Devices by 2.4% in the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock valued at $282,000 after buying an additional 40 shares during the period. HBK Sorce Advisory LLC boosted its stake in shares of Advanced Micro Devices by 0.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock worth $2,169,000 after acquiring an additional 43 shares during the period. Wilmington Savings Fund Society FSB raised its stake in Advanced Micro Devices by 0.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock valued at $1,409,000 after acquiring an additional 43 shares during the period. Moseley Investment Management Inc. raised its stake in Advanced Micro Devices by 0.5% in the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock valued at $1,437,000 after acquiring an additional 44 shares during the period. Finally, OneAscent Family Office LLC raised its stake in Advanced Micro Devices by 2.6% in the 3rd quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock valued at $284,000 after acquiring an additional 44 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Major Meta agreement: a definitive multi‑year deal to deploy up to 6 gigawatts of AMD Instinct GPUs (reported as $60B–$100B potential and includes warrants/optioned equity). This is the primary bullish catalyst driving prior rallies and supporting multi‑year revenue visibility. VIEW: AMD secures Meta as next big AI chip customer (Reuters)
• Positive Sentiment: Wall Street reaction: several firms raised targets or reiterated buys after the Meta news (Goldman, Benchmark, Mizuho, Evercore noted). Analysts highlight significant long‑term upside if AMD executes on MI450/Helios rack solutions and hyperscaler deployments. AMD Buy Rating Driven by Underappreciated Meta 6GW AI Accelerator Deal (TipRanks)
• Positive Sentiment: Strategic ecosystem move: AMD agreed to buy $150M of Nutanix stock and deepen partnership—helps commercial reach into enterprise/hybrid AI stacks and signals ecosystem traction beyond hyperscalers. AMD to Buy $150 Million of Nutanix Stock in New Partnership (MSN)
• Neutral Sentiment: Nvidia and broader competitive backdrop: Nvidia is expanding its product roadmap (including CPUs and new AI systems) — intensifying the competitive race for hyperscaler dollars; execution and pricing remain key differentiators. Nvidia’s CEO prepares investors for a renewed battle (Reuters)
• Neutral Sentiment: Selective access in China/partners: AI startup DeepSeek reportedly gave early access to Huawei while not providing early builds to U.S. GPU vendors — a reminder of geopolitics and partner dynamics that can limit certain growth channels. DeepSeek snubs Nvidia, AMD for new AI model launch (TipRanks)
• Negative Sentiment: Deal structure & dilution concerns: several commentators flagged the Meta agreement’s performance‑based warrants and equity option mechanics as potentially dilutive or creating “circular” financial incentives — this risk is tempering some investor enthusiasm. Meta Deal ‘Wildly Concerning’ for AMD (TalkMarkets)
• Negative Sentiment: Near‑term technical/profit‑taking pressure: after the rapid post‑deal rally, traders and technical indicators signaled topping (double‑top/overbought), prompting profit‑taking that explains today’s pullback. AMD Faces Further Downside After Double‑Top Signal (TalkMarkets)

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on AMD shares. Sanford C. Bernstein set a $235.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Robert W. Baird set a $300.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 5th. CICC Research raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price target on the stock in a report on Friday, November 7th. Roth Mkm restated a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday. Finally, Benchmark reaffirmed a “buy” rating and issued a $325.00 target price on shares of Advanced Micro Devices in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $290.53.

Advanced Micro Devices Stock Performance

AMD opened at $210.86 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $267.08. The firm has a market cap of $343.79 billion, a P/E ratio of 79.57, a price-to-earnings-growth ratio of 0.81 and a beta of 1.94. The business’s fifty day moving average is $219.80 and its 200-day moving average is $207.83.

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

Insider Transactions at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,442 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president owned 16,359 shares in the company, valued at approximately $3,834,876.78. This trade represents a 12.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,152,476 shares in the company, 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. In the last 90 days, insiders sold 271,892 shares of company stock valued at $58,476,908. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices 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.