Advanced Micro Devices (NASDAQ:AMD) Shares Climb 1.3% – What’s Next?

Posted by Geri Gentry on Nov 10th, 2026

Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) shares traded up 1.3% during mid-day trading on Tuesday. The stock traded as high as $539.25 and last traded at $515.21. Approximately 46,770,275 shares were traded during mid-day trading, an increase of 45% from the average session volume of 32,186,650 shares. The stock had previously closed at $508.58.

Key Advanced Micro Devices News

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

Positive Sentiment: Google Cloud’s selection of AMD EPYC processors for host infrastructure supporting its TPU 8tx AI system gives AMD a concrete role in a major cloud AI platform. AMD also said its latest-generation EPYC platforms are shipping through server partners. AMD Expands Work With Google to Power Host Infrastructure for Cloud TPU
Positive Sentiment: Reports that AMD is among companies planning to buy Anthropic shares in its IPO add to optimism about AMD’s connections to the AI ecosystem, though the investment is not itself a chip order. Anthropic IPO Could Value Claude Maker at $1.4 Trillion
Positive Sentiment: Oppenheimer’s bullish view and $600 price target, along with analyst praise for CEO Lisa Su’s execution and supply strategy, have supported sentiment. AMD’s recent strong results and growth outlook also underpin the AI-demand thesis. Oppenheimer Just Set a $600 Target on AMD Stock
Neutral Sentiment: Investors are weighing whether Nvidia’s troubles will lead customers to switch suppliers, rather than simply prompting money to rotate between chip stocks. That distinction could determine whether AMD’s recent relative strength lasts. AMD’s Stock Fades as Investors Weigh Nvidia Turmoil
Negative Sentiment: Bearish commentary points to falling free cash flow and rising inventory despite AI growth, while AMD’s high valuation leaves less room for execution missteps. These concerns may explain why enthusiasm has periodically faded. Here’s the AMD Data Center Number Investors Need to Know

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AMD shares. BMO Capital Markets began coverage on shares of Advanced Micro Devices in a report on Thursday, August 20th. They set an “outperform” rating and a $550.00 price target on the stock. Raymond James Financial reissued a “strong-buy” rating and set a $649.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 4th. JPMorgan Chase & Co. upped their price objective on Advanced Micro Devices from $550.00 to $575.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 4th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Advanced Micro Devices in a report on Wednesday, November 4th. Finally, Piper Sandler lifted their target price on Advanced Micro Devices from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday, November 4th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $642.47.

Read Our Latest Stock Report on Advanced Micro Devices

Advanced Micro Devices Stock Performance

The company has a market capitalization of $841.06 billion, a P/E ratio of 112.00, a P/E/G ratio of 5.01 and a beta of 2.49. The business has a 50-day moving average of $547.67 and a 200-day moving average of $416.28. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.72 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.14. Advanced Micro Devices had a return on equity of 14.15% and a net margin of 16.77%. The business had revenue of $13.38 billion for the quarter, compared to analyst estimates of $13.10 billion. During the same quarter last year, the firm posted $1.20 earnings per share. The business’s revenue was up 44.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.59 EPS for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president directly owned 160,979 shares in the company, valued at $76,316,924.32. This trade represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $506.79, for a total value of $12,669,750.00. Following the completion of the transaction, the chief executive officer directly owned 74,211 shares of the company’s stock, valued at approximately $37,609,392.69. This represents a 25.20% decrease in their ownership of the stock. 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. Insiders have sold 230,957 shares of company stock valued at $114,799,511 over the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of AMD. First Citizens Financial Corp increased its position in shares of Advanced Micro Devices by 3.4% in the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock valued at $300,000 after buying an additional 16 shares in the last quarter. Fearless Solutions LLC dba Best Invest raised its holdings in Advanced Micro Devices by 1.5% during the 3rd quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock worth $718,000 after buying an additional 17 shares during the period. Private Client Services LLC raised its holdings in shares of Advanced Micro Devices by 1.7% during the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock worth $660,000 after acquiring an additional 18 shares during the period. Essential Investment Partners LLC lifted its position in Advanced Micro Devices by 40.0% in the 3rd quarter. Essential Investment Partners LLC now owns 63 shares of the semiconductor manufacturer’s stock valued at $39,000 after acquiring an additional 18 shares in the last quarter. Finally, CKW Financial Group lifted its position in Advanced Micro Devices by 1.3% in the 3rd quarter. CKW Financial Group now owns 1,450 shares of the semiconductor manufacturer’s stock valued at $893,000 after acquiring an additional 18 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

About Advanced Micro Devices

(Get Free Report)

Advanced Micro Devices, Inc. (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors. The company’s product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.