Advanced Micro Devices (NASDAQ:AMD) Trading 6.5% Higher – Time to Buy?

Posted by Brenda Bartman on Aug 14th, 2026

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) traded up 6.5% during trading on Friday . The company traded as high as $514.67 and last traded at $514.39. 25,348,001 shares were traded during trading, a decline of 29% from the average daily volume of 35,644,582 shares. The stock had previously closed at $483.01.

Key Stories Impacting Advanced Micro Devices

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

Positive Sentiment: Baird issued a bullish $1,250 price target, suggesting substantial upside and helping drive renewed investor interest after AMD’s recent volatility. Broadcom Sinks as BofA Flags AI Debt, AMD Climbs on Baird’s Call
Positive Sentiment: AMD announced day-one support for the Qwen3.8 27B AI model, reinforcing the company’s software and platform ecosystem as competition in AI computing intensifies. AMD Stock Rises as Qwen3.8 27B Gets Day-One Support
Positive Sentiment: Bank of America raised its 2030 server-CPU market forecast to more than $210 billion from approximately $170 billion, citing demand from AI agents. AMD was selected as one of the bank’s preferred semiconductor investments. Why Is AMD Stock Gaining?
Neutral Sentiment: AMD is seeking to raise roughly $4 billion to $5 billion through its largest-ever bond offering. Proceeds are intended to support AI expansion, partnerships and general corporate purposes, providing growth capital while increasing financing obligations. AMD Prepares Record $5 Billion Bond Sale
Negative Sentiment: AMD’s valuation remains demanding after its strong earnings and AI-related rally, leaving the stock sensitive to any disappointment in growth, margins or execution. AMD Stock Can Halve or Nearly Double
Negative Sentiment: Investors continue to monitor Nvidia’s competitive advantages, including reports that SpaceX will use Nvidia chips exclusively, as well as China-related risks. Recent insider activity has also consisted largely of sales, although one reported transaction was conducted under a pre-arranged Rule 10b5-1 plan. Is AMD in Trouble as SpaceX Goes Exclusive With Nvidia?

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Evercore reissued an “outperform” rating and issued a $579.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, May 19th. Robert W. Baird set a $1,250.00 target price on Advanced Micro Devices in a research report on Friday, July 24th. HSBC cut Advanced Micro Devices from a “buy” rating to a “hold” rating and upped their target price for the company from $335.00 to $340.00 in a research note on Monday, May 4th. UBS Group reiterated an “overweight” rating on shares of Advanced Micro Devices in a report on Friday, July 24th. Finally, Northland Securities reissued a “market perform” rating and set a $260.00 price target on shares of Advanced Micro Devices in a research note on Monday, April 27th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $546.87.

Read Our Latest Analysis on AMD

Advanced Micro Devices Stock Up 6.5%

The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock has a market cap of $839.73 billion, a PE ratio of 132.23 and a beta of 2.48. The business has a fifty day moving average of $510.81 and a 200-day moving average of $366.44.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.Advanced Micro Devices’s quarterly revenue was up 50.1% on a year-over-year basis. During the same period last year, the business posted $0.48 EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, SVP Ava Hahn sold 143 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $474.75, for a total transaction of $67,889.25. Following the transaction, the senior vice president owned 17,644 shares in the company, valued at approximately $8,376,489. This trade represents a 0.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the sale, the chief executive officer owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. The trade was a 4.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 161,077 shares of company stock worth $74,732,145. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Several institutional investors have recently bought and sold shares of AMD. Brighton Jones LLC raised its position in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank lifted its holdings in shares of Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after purchasing an additional 2,392 shares during the period. Finally, Schnieders Capital Management LLC. lifted its holdings in shares of Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after purchasing an additional 7,228 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

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.