Advanced Micro Devices (NASDAQ:AMD) Earns Buy Rating from Analysts at China Renaissance

China Renaissance initiated coverage on shares of Advanced Micro Devices (NASDAQ:AMD) in a research report report published on Tuesday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $291.00 target price on the semiconductor manufacturer’s stock.

Several other brokerages also recently issued reports on AMD. Piper Sandler restated an “overweight” rating and issued a $280.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Susquehanna reissued a “positive” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a report on Friday, October 31st. UBS Group raised their price target on shares of Advanced Micro Devices from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Citigroup boosted their price objective on shares of Advanced Micro Devices from $215.00 to $260.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Finally, Mizuho upped their price objective on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $276.16.

Advanced Micro Devices Trading Up 1.9%

Shares of NASDAQ:AMD opened at $227.92 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31. The stock’s 50-day moving average is $218.86 and its 200-day moving average is $194.06. The company has a market cap of $371.06 billion, a P/E ratio of 112.83, a P/E/G ratio of 0.95 and a beta of 1.95. Advanced Micro Devices has a 52-week low of $76.48 and a 52-week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The firm’s revenue was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS. Equities research analysts predict that Advanced Micro Devices will post 3.87 earnings per share for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at $411,686,940.60. This represents a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the transaction, the executive vice president directly owned 300,348 shares in the company, valued at $68,890,820.76. This represents a 6.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 161,558 shares of company stock worth $35,461,719. Corporate insiders own 0.06% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Advanced Micro Devices by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer’s stock worth $25,238,876,000 after buying an additional 1,348,892 shares during the period. State Street Corp raised its stake in shares of Advanced Micro Devices by 2.4% during the third quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer’s stock valued at $11,944,056,000 after acquiring an additional 1,755,182 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Advanced Micro Devices by 1.4% during the second quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock worth $5,181,556,000 after purchasing an additional 514,445 shares during the period. Norges Bank acquired a new position in shares of Advanced Micro Devices during the second quarter worth $3,094,662,000. Finally, Amundi grew its stake in shares of Advanced Micro Devices by 17.5% in the third quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock worth $2,181,937,000 after purchasing an additional 2,012,865 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

More Advanced Micro Devices News

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

• Positive Sentiment: TSMC’s blowout quarterly results lifted confidence that AI demand is broad-based across the semiconductor supply chain, which directly benefits AMD as a major customer and partner of TSMC — traders are pricing in stronger datacenter GPU/CPU demand. Chip stocks pop after TSMC’s earnings beat boosts confidence
• Positive Sentiment: Broker upgrades and bullish analyst notes (Wells Fargo/KeyBanc among others) are driving optimism and higher price targets — analysts point to AMD’s AI roadmap, server momentum and share gains vs. peers. AMD stock soaring over 6% today: why analyst sees over 40% upside ahead
• Positive Sentiment: Commercial traction: AMD announced a strategic collaboration with Tata Consultancy Services (TCS) to scale enterprise AI deployments using AMD EPYC/Instinct platforms — a partnership that can drive long-term server/AI sales and enterprise adoption. TCS and AMD Announce Strategic Collaboration to Drive AI Adoption at Scale
• Positive Sentiment: Supply/demand indicator: multiple reports say AMD’s server CPU inventory for 2026 is nearly sold out due to hyperscaler demand — this supports revenue visibility and pricing leverage for 2026. AMD Is Almost Sold Out of CPUs for 2026. Does That Make AMD Stock a Buy Now?
• Neutral Sentiment: Product & event noise: AMD’s CES keynote and new Ryzen/AI chip launches generated mixed investor reactions — important for long-term positioning but produced short-term volatility as markets digest benchmarks and real-world performance. Is AMD Stock a Buy After Its CES Keynote?
• Neutral Sentiment: Media/strategy pieces and hedge-fund interest highlight bullish long-term narratives around AMD’s AI stack and market share gains — supportive context but not immediate catalysts. Advanced Micro Devices (AMD) Stock Predictions
• Negative Sentiment: Trade-policy risk: the White House announced a 25% tariff on select high-end AI chips destined for China, which explicitly includes some AMD AI processors — this raises near-term margin and revenue risks for China-facing sales and complicates supply-chain planning. Trump Targets Taiwan, China Supply Chains: President Slaps 25% Tariffs On Nvidia, AMD AI Chips
• Negative Sentiment: Insider selling and some mixed benchmark data have been flagged in the press — not necessarily structural negatives but items that can amplify short-term selling pressure if sentiment shifts. Rep. Gilbert Ray Cisneros, Jr. Sells AMD Shares

Advanced Micro Devices Company 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.