N10 Wealth LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,030 shares of the semiconductor manufacturer’s stock, valued at approximately $4,301,000. Advanced Micro Devices makes up about 1.2% of N10 Wealth LLC’s holdings, making the stock its 27th biggest holding.
Other large investors also recently bought and sold shares of the company. ABLE Financial Group LLC increased its stake in Advanced Micro Devices by 10.9% during the third quarter. ABLE Financial Group LLC now owns 4,004 shares of the semiconductor manufacturer’s stock valued at $2,449,000 after purchasing an additional 393 shares during the last quarter. Aspen Wealth Management LLC bought a new position in shares of Advanced Micro Devices in the 3rd quarter worth about $217,000. MinichMacGregor Wealth Management LLC lifted its position in shares of Advanced Micro Devices by 9.6% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 3,161 shares of the semiconductor manufacturer’s stock worth $1,934,000 after buying an additional 276 shares during the last quarter. First Citizens Bank & Trust Co. lifted its position in shares of Advanced Micro Devices by 211.5% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 68,129 shares of the semiconductor manufacturer’s stock worth $42,095,000 after buying an additional 46,259 shares during the last quarter. Finally, Fearless Solutions LLC dba Best Invest boosted its holdings in shares of Advanced Micro Devices by 1.5% in the 3rd quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock valued at $718,000 after buying an additional 17 shares during the period. Institutional investors own 71.34% of the company’s stock.
Key Stories Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD is narrowing Nvidia’s lead in AI inference through software improvements, according to SemiAnalysis, potentially improving the competitiveness of its existing accelerators without requiring major chip changes. AMD Challenges Nvidia’s AI Inference Lead
- Positive Sentiment: The company introduced its Helios open-rack platform for agentic AI, offering CPU-only and combined CPU/GPU configurations and targeting more cost-efficient AI infrastructure. The initiative could support AMD’s data-center expansion and inference ambitions. AMD Helios Blueprint
- Positive Sentiment: AMD backed Fermi’s initial 222-megawatt Texas data-center lease, with the potential to support up to 650 megawatts. The arrangement may help address power shortages that could otherwise limit deployment of AMD hardware. Fermi Partnership
- Neutral Sentiment: AMD declined along with major chip stocks, weighing on the Nasdaq-100 and broad-market ETFs. Nvidia, Micron, Intel and other semiconductor shares also fell, indicating that much of the move is sector-wide rather than driven by a new AMD-specific earnings issue. QQQ and AMD Market Data
- Negative Sentiment: Investors are taking profits after AMD’s substantial year-to-date advance. Reports highlight a premium valuation, supply constraints and questions about whether future AI infrastructure spending can justify current prices.
- Negative Sentiment: Michael Burry’s bearish positioning against the Nasdaq and chip stocks reinforced concerns that AI-related shares may peak as customers struggle to convert expensive infrastructure investments into profits. Michael Burry Chip Stock Warning
- Negative Sentiment: AMD insider-trading data shows numerous open-market sales and no reported purchases over the past six months. While insider sales can be planned or compensation-related, the pattern adds to the market’s caution around the stock’s elevated valuation.
Analysts Set New Price Targets
View Our Latest Analysis on Advanced Micro Devices
Advanced Micro Devices Stock Performance
NASDAQ AMD traded down $32.56 during trading hours on Wednesday, hitting $572.97. The company had a trading volume of 12,154,832 shares, compared to its average volume of 32,238,199. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The firm has a market cap of $935.36 billion, a P/E ratio of 146.96, a price-to-earnings-growth ratio of 6.15 and a beta of 2.45. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52. The business has a fifty day simple moving average of $532.88 and a 200-day simple moving average of $466.70.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 earnings per share. Equities analysts predict that Advanced Micro Devices, Inc. will post 6.45 EPS for the current year.
Insiders Place Their Bets
In related news, CEO Lisa Su sold 25,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $506.79, for a total value of $12,669,750.00. Following the sale, the chief executive officer directly owned 74,211 shares in the company, valued at $37,609,392.69. This trade represents a 25.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the completion of the sale, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This represents a 2.23% 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. Over the last 90 days, insiders have sold 213,838 shares of company stock worth $105,533,836. 0.50% of the stock is owned by company insiders.
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.
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