Thornburg Investment Management Inc. Has $18.49 Million Position in Advanced Micro Devices, Inc. $AMD

Thornburg Investment Management Inc. trimmed its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.2% in the third quarter, Holdings Channel.com reports. The firm owned 114,262 shares of the semiconductor manufacturer’s stock after selling 2,546 shares during the quarter. Thornburg Investment Management Inc.’s holdings in Advanced Micro Devices were worth $18,486,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Impax Asset Management Group plc increased its position in Advanced Micro Devices by 326.5% in the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock valued at $8,424,000 after acquiring an additional 39,861 shares during the period. Waterfront Wealth Inc. acquired a new position in shares of Advanced Micro Devices during the second quarter worth $1,145,000. Global Retirement Partners LLC bought a new stake in shares of Advanced Micro Devices in the second quarter worth $4,519,000. Cornercap Investment Counsel Inc. increased its holdings in Advanced Micro Devices by 43.3% in the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after purchasing an additional 3,702 shares during the period. Finally, Swiss National Bank increased its holdings in Advanced Micro Devices by 7.5% in the second quarter. Swiss National Bank now owns 4,917,975 shares of the semiconductor manufacturer’s stock valued at $697,861,000 after purchasing an additional 341,000 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on AMD shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $230.00 price target on shares of Advanced Micro Devices in a research report on Wednesday. Citigroup restated a “neutral” rating on shares of Advanced Micro Devices in a research report on Thursday, January 15th. Melius Research set a $380.00 target price on Advanced Micro Devices in a report on Wednesday, November 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $290.53.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Major Meta agreement: a definitive multi‑year deal to deploy up to 6 gigawatts of AMD Instinct GPUs (reported as $60B–$100B potential and includes warrants/optioned equity). This is the primary bullish catalyst driving prior rallies and supporting multi‑year revenue visibility. VIEW: AMD secures Meta as next big AI chip customer (Reuters)
• Positive Sentiment: Wall Street reaction: several firms raised targets or reiterated buys after the Meta news (Goldman, Benchmark, Mizuho, Evercore noted). Analysts highlight significant long‑term upside if AMD executes on MI450/Helios rack solutions and hyperscaler deployments. AMD Buy Rating Driven by Underappreciated Meta 6GW AI Accelerator Deal (TipRanks)
• Positive Sentiment: Strategic ecosystem move: AMD agreed to buy $150M of Nutanix stock and deepen partnership—helps commercial reach into enterprise/hybrid AI stacks and signals ecosystem traction beyond hyperscalers. AMD to Buy $150 Million of Nutanix Stock in New Partnership (MSN)
• Neutral Sentiment: Nvidia and broader competitive backdrop: Nvidia is expanding its product roadmap (including CPUs and new AI systems) — intensifying the competitive race for hyperscaler dollars; execution and pricing remain key differentiators. Nvidia’s CEO prepares investors for a renewed battle (Reuters)
• Neutral Sentiment: Selective access in China/partners: AI startup DeepSeek reportedly gave early access to Huawei while not providing early builds to U.S. GPU vendors — a reminder of geopolitics and partner dynamics that can limit certain growth channels. DeepSeek snubs Nvidia, AMD for new AI model launch (TipRanks)
• Negative Sentiment: Deal structure & dilution concerns: several commentators flagged the Meta agreement’s performance‑based warrants and equity option mechanics as potentially dilutive or creating “circular” financial incentives — this risk is tempering some investor enthusiasm. Meta Deal ‘Wildly Concerning’ for AMD (TalkMarkets)
• Negative Sentiment: Near‑term technical/profit‑taking pressure: after the rapid post‑deal rally, traders and technical indicators signaled topping (double‑top/overbought), prompting profit‑taking that explains today’s pullback. AMD Faces Further Downside After Double‑Top Signal (TalkMarkets)

Advanced Micro Devices Stock Down 1.4%

Advanced Micro Devices stock opened at $210.86 on Thursday. The company has a market capitalization of $343.79 billion, a PE ratio of 79.57, a PEG ratio of 0.81 and a beta of 1.94. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The firm’s fifty day moving average is $219.80 and its 200 day moving average is $207.83. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating the consensus estimate 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 previous year, the firm posted $1.09 earnings per share. The business’s revenue was up 34.1% compared to the same quarter last year. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the transaction, the chief executive officer directly owned 3,152,476 shares of the company’s stock, valued at approximately $675,764,755.36. This represents a 3.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ava Hahn sold 2,442 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the transaction, the senior vice president owned 16,359 shares in the company, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 271,892 shares of company stock valued at $58,476,908 in the last three months. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices 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.