Advanced Micro Devices (NASDAQ:AMD) Shares Up 1.8% – Time to Buy?

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price was up 1.8% on Wednesday . The stock traded as high as $491.69 and last traded at $482.93. 18,185,361 shares changed hands during trading, a decline of 49% from the average daily volume of 35,824,480 shares. The stock had previously closed at $474.32.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD announced day-one support for the Qwen3.8 27B AI model, reinforcing the company’s software and hardware ecosystem and improving its positioning in the fast-growing inference market. AMD Stock Rises as Qwen3.8 27B Gets Day-One Support
• Positive Sentiment: AMD is preparing a record $5 billion bond offering to fund AI infrastructure, support major partnerships and provide capital for expansion. The plan highlights management’s confidence in demand and follows reported commitments from customers including Microsoft, OpenAI, Meta and Anthropic. AMD Stock Gains Momentum With Record Bond Offering
• Positive Sentiment: Bank of America raised its estimate for the 2030 server-CPU market to more than $210 billion from roughly $170 billion, citing AI-agent demand. The firm selected AMD and Nvidia as leading semiconductor investments, strengthening the outlook for AMD’s EPYC CPU business in addition to its AI accelerators. Bank of America Raises AI Chip Forecast
• Positive Sentiment: Mirova US disclosed a new AMD position valued at approximately $145 million, while recent analyst commentary remains broadly constructive. Bernstein said AMD continued gaining CPU unit share from Intel, and published price targets remain above the current trading range. Mirova Opens New AMD Position
• Neutral Sentiment: The bond sale gives AMD funding for growth but also increases financing costs and execution requirements. Investors must determine whether future AI revenue and customer deployments will justify the substantial investment.
• Negative Sentiment: Valuation remains a risk after AMD’s powerful rally, with the supplied data showing a triple-digit price-to-earnings ratio. Reports of Nvidia-exclusive AI-chip demand from SpaceX and continuing China-related uncertainty underscore competitive and geopolitical risks. China Fears Affect Nvidia and AMD Differently
• Negative Sentiment: AMD insiders have reported selling shares, including a 143-share sale by SVP Ava Hahn under a pre-arranged Rule 10b5-1 plan. The transaction was small relative to her remaining holdings but adds to broader insider-selling signals. AMD Insider Sale

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Jefferies Financial Group set a $650.00 price target on Advanced Micro Devices in a research note on Wednesday, August 5th. Zacks Research upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Oppenheimer lowered Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research report on Wednesday, May 6th. Bank of America increased their target price on Advanced Micro Devices from $550.00 to $620.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, DA Davidson raised their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $546.87.

Advanced Micro Devices Trading Up 4.8%

The company has a market cap of $826.35 billion, a P/E ratio of 129.75 and a beta of 2.48. The business has a fifty day simple moving average of $510.81 and a 200 day simple moving average of $366.44. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly 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. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The business had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the previous year, the business earned $0.48 EPS. The business’s quarterly revenue was up 50.1% on a year-over-year basis. Analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Ava Hahn sold 143 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $474.75, for a total value of $67,889.25. Following the completion of the transaction, the senior vice president directly owned 17,644 shares of the company’s stock, valued at approximately $8,376,489. The trade was a 0.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 6,000 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $536.33, for a total transaction of $3,217,980.00. Following the sale, the executive vice president directly owned 1,233,687 shares of the company’s stock, valued at approximately $661,663,348.71. This represents a 0.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 161,077 shares of company stock valued at $74,732,145 over the last quarter. 0.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Advanced Micro Devices

A number of hedge funds and other institutional investors have recently bought and sold shares of AMD. White Knight Strategic Wealth Advisors LLC grew its stake in Advanced Micro Devices by 11.8% during the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 3,257 shares of the semiconductor manufacturer’s stock worth $1,892,000 after buying an additional 344 shares during the last quarter. HMI Capital Management L.P. bought a new stake in Advanced Micro Devices in the second quarter valued at $34,158,000. The Manufacturers Life Insurance Company lifted its stake in Advanced Micro Devices by 13.3% in the second quarter. The Manufacturers Life Insurance Company now owns 1,575,270 shares of the semiconductor manufacturer’s stock valued at $914,968,000 after buying an additional 184,409 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Advanced Micro Devices by 15.4% during the second quarter. Jones Financial Companies Lllp now owns 1,508,092 shares of the semiconductor manufacturer’s stock valued at $876,000 after acquiring an additional 200,986 shares during the period. Finally, Park Place Capital Corp grew its position in shares of Advanced Micro Devices by 19.5% during the second quarter. Park Place Capital Corp now owns 141 shares of the semiconductor manufacturer’s stock worth $82,000 after acquiring an additional 23 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

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.