Advanced Micro Devices, Inc. $AMD Stock Acquired by Artemis Investment Management LLP

Artemis Investment Management LLP raised its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 18.3% during the 3rd quarter, Holdings Channel reports. The fund owned 213,096 shares of the semiconductor manufacturer’s stock after purchasing an additional 32,954 shares during the period. Advanced Micro Devices makes up approximately 1.0% of Artemis Investment Management LLP’s investment portfolio, making the stock its 29th biggest position. Artemis Investment Management LLP’s holdings in Advanced Micro Devices were worth $130,364,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. lifted its position in Advanced Micro Devices by 3.1% during the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after purchasing an additional 4,535,126 shares during the last quarter. State Street Corp increased its holdings in shares of 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 buying an additional 2,149,563 shares during the last quarter. Invesco Ltd. raised its position in shares of Advanced Micro Devices by 15.9% during the 4th quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer’s stock valued at $3,313,758,000 after buying an additional 2,124,867 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at about $7,022,226,000. Finally, Jennison Associates LLC lifted 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 during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on AMD shares. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday. Wolfe Research set a $450.00 target price on Advanced Micro Devices and gave the company an “outperform” rating in a research report on Monday, June 15th. Wedbush reiterated an “outperform” rating and set a $600.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Piper Sandler assumed coverage on shares of Advanced Micro Devices in a report on Tuesday, September 15th. They issued an “overweight” rating and a $600.00 target price for the company. Finally, Jefferies Financial Group set a $650.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $585.26.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Analyst optimism remains a major support. BNP Paribas raised its price target to $960 from $600, while Citi lifted its target to $800 from $575 and maintained a Buy rating. Analysts see additional upside if AMD successfully expands across CPUs, AI accelerators and inference-focused chips. AMD Stock Isn’t Undervalued, but Wall Street May Be Underestimating a Key Opportunity
• Positive Sentiment: AI infrastructure demand continues to look robust. TSMC reported third-quarter revenue of approximately $46.7 billion, up 50% year over year, signaling sustained demand for advanced processors, including AMD products. AMD also expects a substantial increase in manufacturing capacity in 2027 to address demand for AI processors and CPUs. Nvidia, AMD, Intel stocks despite record AI demand
• Positive Sentiment: Supply-chain and strategic partnerships could improve execution. CEO Lisa Su’s meetings with Samsung and SK Hynix reportedly focused on memory supply, foundry cooperation and broader AI collaboration. AMD’s relationship with Core Scientific and AMD-powered servers from Hewlett Packard Enterprise also reinforce the company’s data-center opportunity. AMD CEO says continues to explore foundry partnership with Samsung Electronics
• Neutral Sentiment: Investors now have a clear catalyst. AMD will report fiscal third-quarter results after the market close on November 3, 2026. Results, guidance and commentary on AI accelerator shipments will be important tests of the optimistic price targets. AMD to Report Fiscal Third Quarter 2026 Financial Results
• Negative Sentiment: Valuation and execution risks are limiting enthusiasm. Critics argue that AMD’s valuation already assumes successful large-scale deployment of products such as Helios, while the company must still convert customer commitments into recurring revenue and stronger cash flow. Potential dilution from warrants issued to Meta and OpenAI is another risk.
• Negative Sentiment: Macro pressure is weighing on high-growth technology shares. Rising Treasury yields and concerns that the AI trade has become overextended have pressured AMD and other chip stocks, even after TSMC delivered strong results.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa Su sold 25,000 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the sale, the chief executive officer owned 74,211 shares of the company’s stock, valued at approximately $37,609,392.69. This trade represents a 25.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction on 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 completion of the transaction, the executive vice president owned 160,979 shares in the company, valued at $76,316,924.32. This represents a 8.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 worth $105,533,836. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices Trading Down 3.5%

NASDAQ:AMD traded down $22.84 during midday trading on Thursday, hitting $623.02. The stock had a trading volume of 9,673,677 shares, compared to its average volume of 32,524,732. The company has a market capitalization of $1.02 trillion, a price-to-earnings ratio of 159.53, a PEG ratio of 6.73 and a beta of 2.45. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52. The stock has a 50-day moving average of $523.60 and a 200 day moving average of $455.44.

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

Advanced Micro Devices Company 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.