Advanced Micro Devices (NASDAQ:AMD) Shares Up 7% – Should You Buy?

Posted by Brenda Bartman on Jun 15th, 2026

Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report)’s share price traded up 7% during mid-day trading on Monday . The stock traded as high as $558.37 and last traded at $547.26. 32,239,971 shares traded hands during trading, a decline of 16% from the average session volume of 38,182,531 shares. The stock had previously closed at $511.57.

Key Advanced Micro Devices News

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

Positive Sentiment: AMD is benefiting from a broad rally in chip stocks as investors rotate into AI and semiconductor names on improving risk sentiment. Why AI Chip Stocks NVDA, AMD, INTC, and AVGO Are Rising Today — June 15, 2026
Positive Sentiment: Citi upgraded AMD to Buy and raised its price target, citing stronger upside in the GPU business and improving AI demand. Citi Calls AMD a Rising Force in the GPU Market, Upgrades Shares to Buy
Positive Sentiment: Wolfe Research said AMD’s management tone was constructive and sees substantial upside to consensus estimates for 2026 and 2027, driven by CPU strength and potential new MI450 customers. AMD’s AI Chip Roadmap Keeps Bulls Interested Despite Valuation Concerns
Positive Sentiment: AMD’s market value has climbed above major financial names as enthusiasm for its AI chip roadmap and memory technology continues to build. AMD flirts with a $900 billion valuation after beefing up its memory technology
Neutral Sentiment: Some commentary notes that AMD’s valuation is now stretched, even as the company’s AI and GPU growth narrative remains intact. AMD stock surge brings $1 trillion status within reach, but key risks remain

Analyst Ratings Changes

Several research firms have commented on AMD. DA Davidson lifted 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. Truist Financial set a $478.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, May 6th. Citigroup cut shares of Advanced Micro Devices from a “buy” rating to a “market perform” rating in a research note on Friday. 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. Finally, Benchmark lifted their target price on shares of Advanced Micro Devices from $325.00 to $485.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $428.65.

Read Our Latest Stock Report on AMD

Advanced Micro Devices Price Performance

The company’s 50 day moving average price is $386.41 and its 200-day moving average price is $274.60. The company has a market capitalization of $892.36 billion, a PE ratio of 179.43, a PEG ratio of 1.50 and a beta of 2.50. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. During the same period in the previous year, the company earned $0.96 EPS. The business’s quarterly revenue was up 37.8% compared to the same quarter last year. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,487 shares of Advanced Micro Devices stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the transaction, the executive vice president owned 324,527 shares in the company, valued at approximately $140,000,947.80. The trade was a 5.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction on Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the transaction, the executive vice president owned 1,236,037 shares in the company, valued at $432,612,950. The trade was a 2.47% decrease in their position. 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 372,032 shares of company stock worth $158,658,616. Corporate insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new position in Advanced Micro Devices in the 4th quarter worth $4,929,312,000. Jennison Associates LLC lifted its holdings in Advanced Micro Devices by 181.6% in the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock worth $2,336,552,000 after buying an additional 7,035,991 shares in the last quarter. Cardano Risk Management B.V. acquired a new position in Advanced Micro Devices in the 4th quarter worth $1,000,783,000. Wellington Management Group LLP lifted its holdings in Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after buying an additional 3,735,807 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in Advanced Micro Devices by 340.1% in the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after buying an additional 3,669,054 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Company Profile

(Get Free Report)

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.