Advanced Micro Devices (NASDAQ:AMD) Stock Price Up 5.8% – What’s Next?

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) shot up 5.8% during mid-day trading on Wednesday . The stock traded as high as $202.44 and last traded at $202.07. 40,169,758 shares traded hands during mid-day trading, a decline of 0% from the average session volume of 40,307,715 shares. The stock had previously closed at $190.95.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Large Meta infrastructure deal positions AMD as a major supplier of datacenter GPUs, supporting long-term revenue visibility from AI deployments. Deal between AMD and Meta could bring greater innovation to GenAI market
• Positive Sentiment: Street support stepped up: Piper Sandler, Jefferies and other firms have reiterated bullish ratings and raised targets after the Meta news, giving the stock analyst-driven upside. Piper Sandler and Jefferies Stay Bullish on Advanced Micro Devices
• Positive Sentiment: Macro demand backdrop improving: Gartner’s big AI spending forecast highlights TAM expansion that should benefit AMD’s datacenter and AI-accelerator roadmap. Gartner Says AI Spending Will Hit $2.5 Trillion in 2026
• Neutral Sentiment: Academic R&D tie-ups (University of Toronto lab) strengthen ecosystem and talent partnerships but are a longer-term catalyst rather than immediate revenue. The University of Toronto and AMD Launch Major AI & Computing R&D Lab
• Neutral Sentiment: Broader chip-stock rebound led by Nvidia is lifting AMD alongside peers — a market-driven uplift that could reverse if sentiment shifts. Nvidia Leads Chip Stock Rebound, Billionaire Investor Buys 1 Million Shares
• Negative Sentiment: Technical analysts flag persistent selling pressure and elevated volatility in semiconductors, a short-term headwind for the stock’s momentum. AMD Technical Analysis And Trade Plan For A Volatile Market
• Negative Sentiment: Extensive insider selling has been reported recently (multiple executives selling shares), which can weigh on sentiment even if sales are routine. SPY is up 0.8% today, on AMD stock price movement
• Negative Sentiment: Short-term risk from macro/geopolitical shocks: earlier market dips linked to Middle East tensions and oil-price moves have pressured semiconductor stocks. Why AMD (AMD) Stock Is Trading Lower Today

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AMD. China Renaissance started coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 13th. They set a “buy” rating and a $291.00 price objective for the company. Phillip Securities raised Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Sunday, February 8th. CICC Research raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price target on the stock in a research report on Friday, November 7th. DA Davidson raised shares of Advanced Micro Devices to a “hold” rating in a report on Friday, February 13th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $290.53.

Advanced Micro Devices Trading Up 5.8%

The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The business has a 50-day simple moving average of $218.79 and a 200-day simple moving average of $208.61. The company has a market cap of $329.46 billion, a PE ratio of 76.25, a price-to-earnings-growth ratio of 0.75 and a beta of 1.98.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. During the same period in the previous year, the firm posted $1.09 earnings per share. The company’s revenue was up 34.1% on a year-over-year basis. On average, analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the sale, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ava Hahn sold 2,442 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the completion of the sale, the senior vice president directly owned 16,359 shares in the company, valued at approximately $3,834,876.78. This trade represents a 12.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 271,892 shares of company stock valued at $58,476,908 in the last quarter. Corporate insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Institutional investors and hedge funds have recently modified their holdings of the company. Joseph Group Capital Management purchased a new stake in Advanced Micro Devices during the 4th quarter worth about $25,000. ORG Wealth Partners LLC lifted its stake in Advanced Micro Devices by 39.7% during the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. boosted its holdings in Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Pinney & Scofield Inc. increased its stake in Advanced Micro Devices by 81.0% in the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors acquired a new stake in Advanced Micro Devices during the fourth quarter worth approximately $27,000. Institutional investors and hedge funds 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.