Advanced Micro Devices (NASDAQ:AMD) Stock Price Down 8.1% – What’s Next?

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) dropped 8.1% during mid-day trading on Tuesday . The stock traded as low as $442.27 and last traded at $454.62. Approximately 35,888,649 shares were traded during trading, a decline of 1% from the average daily volume of 36,289,223 shares. The stock had previously closed at $494.95.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD’s Advancing AI 2026 conference highlighted the Helios rack-scale platform, which combines Instinct GPUs, EPYC CPUs, networking and ROCm software to compete more directly with Nvidia’s full-stack AI systems. The event also featured customer commitments and the start of production for the next-generation Venice CPU, prompting Mizuho to raise its price target to $625. AMD Helios Offers New Edge Against NVDA and What to Watch in Earnings
• Positive Sentiment: AMD and Core Scientific announced agreements giving AMD access to up to 2.5 gigawatts of U.S. data-center capacity, with more than 500 megawatts expected to become available beginning in 2027. The arrangement is designed to support deployments of AMD Instinct GPUs, EPYC CPUs and ROCm, strengthening AMD’s ability to deliver complete AI infrastructure. Core Scientific signs AI infrastructure deal with AMD
• Positive Sentiment: AiBiz, a South Korean industrial-AI startup, said AMD EPYC CPUs power its GPU-free system for detecting semiconductor wafer defects. The use case supports AMD’s expansion beyond accelerators into AI inference and enterprise workloads. AiBiz uses AMD EPYC CPUs for industrial AI
• Neutral Sentiment: AMD is scheduled to report second-quarter 2026 results on August 4. Options markets imply an unusually large potential move around the release, increasing near-term volatility as investors assess whether AI demand is translating into revenue and margin growth. AMD Stock Price Faces a Swing as Q2 Earnings Near
• Negative Sentiment: The immediate pressure came from a sector-wide retreat in AI and semiconductor stocks. Investors are questioning whether China’s advances in domestic memory and lithography, along with increasingly expensive data-center financing, could reduce the pace or profitability of AI infrastructure spending. Why Micron, Nvidia and AMD stocks are plunging
• Negative Sentiment: AMD’s valuation leaves little room for disappointment: analysts cited a price-to-earnings multiple above 150, while the average Wall Street target implies only modest upside. This has made the stock particularly vulnerable to profit-taking and changes in sentiment ahead of earnings. Wall Street’s Average Price Target for AMD
• Negative Sentiment: Reports also highlighted sustained insider selling, including substantial sales by CEO Lisa Su and other executives over the past six months. While such transactions may reflect compensation or diversification, they can add to investor caution after AMD’s sharp AI-driven rally.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of recent analyst reports. Raymond James Financial initiated coverage on Advanced Micro Devices in a research report on Wednesday, May 6th. They set a “market perform” rating for the company. DA Davidson increased their target price on shares of Advanced Micro Devices from $375.00 to $425.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings raised shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. UBS Group reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Friday. Finally, Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $528.11.

Advanced Micro Devices Trading Down 8.1%

The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average price of $514.08 and a 200 day moving average price of $343.51. The firm has a market cap of $741.30 billion, a PE ratio of 149.06 and a beta of 2.47.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.08. The business had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.96 EPS. Analysts forecast that Advanced Micro Devices, Inc. will post 6.27 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 24,376 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value of $10,832,450.64. Following the sale, the executive vice president owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the transaction, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at approximately $1,334,572,400.31. This trade represents a 4.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 310,310 shares of company stock valued at $141,185,456 over the last 90 days. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Hedge funds have recently bought and sold shares of the stock. Clal Insurance Enterprises Holdings Ltd increased its position in Advanced Micro Devices by 12.8% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer’s stock worth $43,000 after purchasing an additional 24 shares in the last quarter. Trust Co of the South increased its holdings in shares of Advanced Micro Devices by 1.5% during the 2nd quarter. Trust Co of the South now owns 1,746 shares of the semiconductor manufacturer’s stock worth $1,014,000 after buying an additional 25 shares during the last quarter. Beaird Harris Wealth Management LLC raised its position in shares of Advanced Micro Devices by 9.4% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 292 shares of the semiconductor manufacturer’s stock worth $169,000 after buying an additional 25 shares during the period. Veery Capital LLC boosted its holdings in Advanced Micro Devices by 1.0% in the second quarter. Veery Capital LLC now owns 2,793 shares of the semiconductor manufacturer’s stock valued at $1,622,000 after acquiring an additional 27 shares during the last quarter. Finally, Arlington Trust Co LLC grew its position in Advanced Micro Devices by 3.3% during the second quarter. Arlington Trust Co LLC now owns 915 shares of the semiconductor manufacturer’s stock valued at $532,000 after acquiring an additional 29 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

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.