Advanced Micro Devices (NASDAQ:AMD) Stock Price Up 7.8% – Should You Buy?

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were up 7.8% during trading on Thursday . The stock traded as high as $279.34 and last traded at $278.26. Approximately 64,469,838 shares traded hands during trading, an increase of 72% from the average daily volume of 37,555,309 shares. The stock had previously closed at $258.12.

Key Advanced Micro Devices News

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

• Positive Sentiment: TSMC’s blowout quarter and raised 2026 revenue guidance — citing “insatiable” AI infrastructure demand and tight 3nm/packaging capacity — is a clear constructive read-through for AMD’s MI350/MI450 GPUs and next?gen EPYC CPUs (TSMC is AMD’s foundry for those parts). This guidance triggered a sector rally that lifted AMD. AMD Rips Higher As TSMC’s Blowout Guide Lights Up The Stock
• Positive Sentiment: Bernstein and other Wall Street analysts have raised price targets or reiterated bullish views after recent AI/partnership news, giving investors more conviction to bid the stock higher. Analyst lift provides near-term validation for upside expectations. Wall Street analyst updates AMD stock price target
• Positive Sentiment: AMD’s new multi?year collaboration with the French government (hardware, software, Center of Excellence and an exascale project) reinforces its sovereign?AI and data?center positioning — a commercial win that supports durable demand for AMD compute solutions. AMD climbs 3.4% as France AI partnership news and upbeat TSMC earnings buoy chip sentiment
• Positive Sentiment: Product catalyst: anticipation around AMD’s MI450 accelerator (and improving software/support vs. incumbents) is fueling investor hopes that AMD can capture a meaningful slice of AI accelerator/server spend if real?world performance scales as promised. AMD’s MI450 Chip Could Change Everything for the Stock
• Neutral Sentiment: Earnings calendar and positioning: investors are positioning ahead of AMD’s upcoming earnings (early May), which can amplify moves — the rally is partly a run?up in expectation of strong revenue/guidance, but that also raises near?term event risk. AMD Gains 6% Ahead of May Earnings
• Negative Sentiment: Stretch/risk signals — the stock has rallied into record highs with a long winning streak; several commentators warn it’s becoming overbought and that insider sales (documented in filings) and profit?taking could cause pullbacks if guidance or execution questions arise. That increases short?term volatility despite the bullish backdrop. AMD Stock Is in Overbought Territory

Analyst Upgrades and Downgrades

Several research analysts have recently commented on AMD shares. Evercore restated an “outperform” rating and set a $358.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Phillip Securities upgraded shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Sunday, February 8th. Rosenblatt Securities reaffirmed a “buy” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Piper Sandler reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $291.03.

Advanced Micro Devices Trading Up 7.8%

The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The business’s fifty day simple moving average is $209.50 and its two-hundred day simple moving average is $219.33. The stock has a market capitalization of $453.66 billion, a P/E ratio of 105.00, a P/E/G ratio of 0.94 and a beta of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results 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 net margin of 12.52% and a return on equity of 8.84%. The firm had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same period in the prior year, the firm earned $1.09 EPS. The business’s revenue was up 34.1% on a year-over-year basis. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the sale, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. This trade represents a 5.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Lisa T. Su sold 85,000 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $198.77, for a total transaction of $16,895,450.00. Following the sale, the chief executive officer owned 3,146,006 shares of the company’s stock, valued at $625,331,612.62. This trade represents a 2.63% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 242,685 shares of company stock valued at $50,757,308. Corporate insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Advanced Micro Devices

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMD. Brighton Jones LLC increased its position in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after acquiring an additional 234 shares in the last quarter. Sivia Capital Partners LLC increased its position in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after acquiring an additional 2,970 shares in the last quarter. United Bank increased its position in Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock valued at $1,881,000 after acquiring an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its position in Advanced Micro Devices by 361.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after acquiring an additional 7,228 shares in the last quarter. 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.