National Pension Service Purchases 49,053 Shares of Advanced Micro Devices, Inc. $AMD

National Pension Service lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,600,765 shares of the semiconductor manufacturer’s stock after purchasing an additional 49,053 shares during the period. Advanced Micro Devices accounts for approximately 1.4% of National Pension Service’s investment portfolio, making the stock its 13th biggest holding. National Pension Service owned approximately 0.22% of Advanced Micro Devices worth $2,091,720,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AMD. California State Teachers Retirement System boosted its position in shares of Advanced Micro Devices by 58,272.0% in the second quarter. California State Teachers Retirement System now owns 1,436,775,740 shares of the semiconductor manufacturer’s stock valued at $834,637,395,000 after acquiring an additional 1,434,314,328 shares during the period. Norges Bank bought a new position in Advanced Micro Devices during the fourth quarter worth about $4,929,312,000. Bank of America Corp DE acquired a new stake in Advanced Micro Devices in the 2nd quarter worth about $7,022,226,000. Cardano Risk Management B.V. bought a new stake in Advanced Micro Devices in the 4th quarter valued at about $1,000,783,000. Finally, BlackRock Inc. boosted its holdings in Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after purchasing an additional 4,535,126 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Key Advanced Micro Devices News

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

• Positive Sentiment: AI market opportunity raised: CFO Jean Hu told investors at Citi’s 2026 Global TMT Conference that AMD’s addressable AI market could reach approximately $3 trillion by 2030, up from an earlier estimate near $2 trillion. The company also expects its data-center business to double in 2027, strengthening the long-term growth narrative. Why is AMD stock surging 3% today
• Positive Sentiment: Analyst and institutional support: The expanded AI outlook prompted higher price targets, including a reported $710 target from CLSA. Bank of America also identified AMD and Micron as beneficiaries of shifting semiconductor investment, while recent filings indicate substantial additions by large institutional investors. AMD Stock Surges on AI Market Forecast
• Positive Sentiment: Technical momentum improved: AMD was named IBD Stock of the Day after moving above an early buy point, suggesting that renewed investor demand is reinforcing the fundamental AI story. AMD Regains Investor Favor
• Neutral Sentiment: Execution remains critical: Analysts view AMD’s AI opportunity as substantial, but the company must secure adequate chip supply, execute its data-center roadmap and compete effectively with Nvidia and other custom-AI-chip providers. AMD’s AI Opportunity Raises the Stakes
• Negative Sentiment: Valuation and selling pressure are risks: AMD’s elevated valuation leaves limited room for execution disappointments. ARK Invest has recently reduced its AMD position, and reported insider transactions have consisted of sales rather than purchases. Cathie Wood Sheds More AMD

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 28,811 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the sale, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at $595,245,602.07. This trade represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $459.95, for a total value of $7,939,196.95. Following the completion of the transaction, the executive vice president owned 373,317 shares in the company, valued at approximately $171,707,154.15. This represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 107,577 shares of company stock worth $51,922,920 in the last three months. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $521.09 on Thursday. The company’s 50 day simple moving average is $496.07 and its 200 day simple moving average is $400.91. The stock has a market capitalization of $850.66 billion, a price-to-earnings ratio of 133.96, a price-to-earnings-growth ratio of 5.24 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. Advanced Micro Devices, Inc. has a 1 year low of $149.85 and a 1 year high of $584.73.

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

Analysts Set New Price Targets

AMD has been the topic of several recent research reports. Rosenblatt Securities raised their target price on shares of Advanced Micro Devices from $665.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a research note on Tuesday, June 16th. Bank of America increased their price target on Advanced Micro Devices from $550.00 to $620.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Roth Capital lifted their price objective on Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, The Goldman Sachs Group upped their target price on Advanced Micro Devices from $450.00 to $640.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Three analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $565.12.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.