Axiom Investment Management LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Posted by Stanley Muller on Aug 1st, 2026

Axiom Investment Management LLC purchased a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the first quarter, HoldingsChannel reports. The firm purchased 1,238 shares of the semiconductor manufacturer’s stock, valued at approximately $252,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Summitry LLC boosted its stake in Advanced Micro Devices by 34.9% in the first quarter. Summitry LLC now owns 1,624 shares of the semiconductor manufacturer’s stock valued at $330,000 after acquiring an additional 420 shares in the last quarter. WNY Asset Management LLC acquired a new stake in Advanced Micro Devices during the 1st quarter worth about $351,000. Segall Bryant & Hamill LLC acquired a new position in shares of Advanced Micro Devices in the 1st quarter valued at $2,547,000. Wellington Grp LLC grew its position in shares of Advanced Micro Devices by 26.7% during the 1st quarter. Wellington Grp LLC now owns 3,472 shares of the semiconductor manufacturer’s stock valued at $706,000 after acquiring an additional 732 shares during the period. Finally, Verus Capital Partners LLC raised its position in Advanced Micro Devices by 0.5% during the first quarter. Verus Capital Partners LLC now owns 282,055 shares of the semiconductor manufacturer’s stock worth $57,378,000 after acquiring an additional 1,493 shares during the period. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $476.15 on Friday. The company has a market cap of $776.41 billion, a price-to-earnings ratio of 156.12 and a beta of 2.47. Advanced Micro Devices, Inc. has a 12 month low of $149.22 and a 12 month high of $584.73. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The stock’s 50-day moving average is $515.42 and its 200-day moving average is $349.69.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $9.90 billion. During the same quarter last year, the firm posted $0.96 earnings per share. The business’s quarterly revenue was up 37.8% on a year-over-year basis. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.27 earnings per share for the current year.

Key Headlines Impacting Advanced Micro Devices

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

Positive Sentiment: Amazon’s plan to increase AI and data-center spending to $220 billion reinforced expectations for sustained demand for AMD’s data-center CPUs and AI accelerators. AMD gave back much of its earlier advance as the session progressed. AMD Stock Gains as Amazon Expands AI Spending to $220 Billion
Positive Sentiment: Reports that GPU prices could rise in August helped support AMD shares by suggesting firm demand and improved pricing power for graphics products. AMD Stock Jumps as Reports Point to a GPU Price Increase in August
Positive Sentiment: AMD’s agreement to lease up to 2.5 gigawatts of capacity from Core Scientific could accelerate AI data-center deployment. Bernstein estimated the partnership could generate roughly $14 billion in revenue over 15 years. Core Scientific’s AMD Deal Could Generate $14 Billion Over 15 Years
Positive Sentiment: Susquehanna raised its AMD price target from $450 to $500 and kept a positive rating, citing improving server-CPU prospects. Wedbush has also pointed to a potential AI data-center ramp supported by Microsoft and Anthropic partnerships. Susquehanna Just Upped Its Price Target on AMD Stock
Neutral Sentiment: AMD is scheduled to report fiscal second-quarter results after the market close on August 4. Traders are positioning for a sizable move, making revenue growth, Instinct accelerator demand, gross margins and forward guidance the key near-term catalysts. Here’s How Much Traders See AMD Stock Moving After Earnings
Negative Sentiment: Analysts and technical indicators warn that AMD’s valuation is demanding, with a triple-digit price-to-earnings ratio and intense competition from NVIDIA and other chipmakers. A strong earnings report may be required to justify current expectations. Should You Buy AMD Stock Ahead of Q2 Earnings?
Negative Sentiment: The recent semiconductor selloff, concerns about an AI-trade unwind after SK hynix results, and profit-taking following AMD’s major 2026 rally continue to weigh on sentiment despite the sector rebound. Nvidia, Micron, AMD Sink After SK Hynix Results Fail to Impress

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AMD. Wolfe Research set a $450.00 target price on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a research note on Monday, June 15th. JPMorgan Chase & Co. increased their target price on shares of Advanced Micro Devices from $270.00 to $385.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Loop Capital raised shares of Advanced Micro Devices to a “strong-buy” rating in a research note on Tuesday, June 16th. Northland Securities reiterated a “market perform” rating and issued a $260.00 target price on shares of Advanced Micro Devices in a report on Monday, April 27th. Finally, Zacks Research lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $529.46.

Check Out Our Latest Analysis on AMD

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 6,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $536.33, for a total transaction of $3,217,980.00. Following the sale, the executive vice president directly owned 1,233,687 shares of the company’s stock, valued at $661,663,348.71. The trade was a 0.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the transaction, the director directly owned 87,173 shares in the company, valued at approximately $45,504,306. This trade represents a 9.00% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 310,310 shares of company stock valued at $141,185,456. Company insiders own 0.50% of the company’s stock.

About Advanced Micro Devices

(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.