Advanced Micro Devices, Inc. $AMD Holdings Increased by Everhart Financial Group Inc.

Everhart Financial Group Inc. raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 8.9% in the 3rd quarter, Holdings Channel reports. The firm owned 19,821 shares of the semiconductor manufacturer’s stock after buying an additional 1,612 shares during the quarter. Advanced Micro Devices accounts for 0.8% of Everhart Financial Group Inc.’s holdings, making the stock its 20th largest position. Everhart Financial Group Inc.’s holdings in Advanced Micro Devices were worth $12,451,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after buying an additional 4,535,126 shares in the last quarter. State Street Corp increased its stake in Advanced Micro Devices by 2.9% in the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock worth $46,606,266,000 after acquiring an additional 2,149,563 shares during the last quarter. Bank of America Corp DE bought a new position in Advanced Micro Devices in the 2nd quarter worth about $7,022,226,000. Jennison Associates LLC raised its holdings in shares of Advanced Micro Devices by 5.8% in the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock valued at $5,793,388,000 after acquiring an additional 545,575 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Advanced Micro Devices by 33.9% in the 2nd quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock valued at $5,422,444,000 after acquiring an additional 2,365,419 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AI demand and supply-chain expansion remain key catalysts. TSMC reported third-quarter revenue of NT$1.49 trillion, up 50% year over year, signaling continued demand for AI processors from customers including AMD. CEO Lisa Su is also reportedly seeking deeper cooperation with Samsung in memory and foundry services to address supply constraints and support a planned capacity ramp. TSMC gives AI trade upbeat signal AMD explores Samsung partnership
• Positive Sentiment: Analysts see additional upside. BNP Paribas argued that Wall Street may be underestimating AMD’s opportunity across CPUs, AI accelerators and specialized inference chips, while Citi recently raised its price target by 39%, citing AI-agent demand and Meta’s Muse initiative. These targets reinforce the long-term growth narrative, although they require strong execution. AMD’s AI opportunity Citi raises AMD price target
• Neutral Sentiment: Third-quarter earnings are scheduled for November 3. AMD will report fiscal third-quarter results after the market close and hold its conference call at 5 p.m. ET. Investors will focus on data-center growth, AI accelerator deployments, supply availability and guidance for the next quarter. AMD schedules third-quarter earnings
• Negative Sentiment: Valuation has become a central concern. AMD’s market capitalization is around $1 trillion, with a trailing P/E near 158, leaving little room for execution missteps. Commentators noted that major AI products such as Helios still need to reach meaningful scale, convert customer commitments into recurring deployments and generate stronger cash flow to justify the stock’s premium. AMD valuation concerns
• Negative Sentiment: Broader semiconductor weakness amplified the pressure. AMD and other chip stocks moved lower despite TSMC’s strong results, reflecting profit-taking, rising-rate concerns and investor skepticism about whether the easy gains from the AI trade have already occurred. Reports also highlighted potential dilution from warrants granted to Meta and OpenAI if performance conditions are met.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AMD. JPMorgan Chase & Co. boosted their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Melius Research set a $660.00 price target on shares of Advanced Micro Devices in a research note on Friday, July 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, August 3rd. The Goldman Sachs Group upped their target price on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $540.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $585.26.

Advanced Micro Devices Trading Down 4.2%

Shares of NASDAQ:AMD traded down $26.97 on Thursday, reaching $618.89. 11,933,466 shares of the company traded hands, compared to its average volume of 32,534,613. The business’s 50-day simple moving average is $523.60 and its 200 day simple moving average is $455.44. Advanced Micro Devices, Inc. has a 52 week low of $188.22 and a 52 week high of $658.52. The stock has a market capitalization of $1.01 trillion, a P/E ratio of 158.32, a price-to-earnings-growth ratio of 6.73 and a beta of 2.45. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.Advanced Micro Devices’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.48 EPS. As a group, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In related news, EVP Paul Grasby sold 15,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $514.91, for a total value of $7,723,650.00. Following the completion of the sale, the executive vice president owned 117,687 shares of the company’s stock, valued at $60,598,213.17. This trade represents a 11.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Forrest Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total transaction of $8,683,146.05. Following the completion of the sale, the executive vice president owned 363,317 shares in the company, valued at approximately $182,766,616.85. This trade represents a 4.54% 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 three months, insiders have sold 213,838 shares of company stock valued at $105,533,836. Company insiders own 0.50% of the company’s stock.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.