Advanced Micro Devices (NASDAQ:AMD) Shares Down 2% – Here’s What Happened
by Doug Wharley · The Cerbat GemShares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) were down 2% during trading on Wednesday . The company traded as low as $207.17 and last traded at $210.02. Approximately 29,371,807 shares changed hands during trading, a decline of 15% from the average daily volume of 34,436,691 shares. The stock had previously closed at $214.35.
Key Stories Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Major CES product and platform announcements expand AMD’s AI roadmap — AMD unveiled new Instinct MI4xx GPUs, the Helios rack-scale platform, Ryzen AI 400/PRO 400 series, Ryzen AI Max+ chips, Ryzen 7 9850X3D and the Ryzen AI Halo developer mini‑PC, plus ROCm software updates. These strengthen AMD’s addressable market in AI PCs, edge and enterprise data centers and validate OEM/partner momentum. AMD CES 2026 press release
- Positive Sentiment: Partner and OEM traction backs commercialization — Multiple OEMs (Acer, ASUS, Dell, HP, Lenovo) and partners (OpenAI showcased onstage) signpost quicker ramp and broader system launches in Q1–Q2 2026, which supports revenue upside if design wins convert to shipments. TechCrunch: AMD at CES
- Neutral Sentiment: Upcoming catalysts to watch — AMD set its fiscal Q4 & full‑year 2025 earnings release for Feb. 3; investors will focus on sell‑through, server design‑win traction, and margin commentary tied to new AI products and pricing. Earnings announcement
- Neutral Sentiment: Valuation and competitive framing — Analysts and commentators point to attractive valuation vs. Nvidia on EV/Sales and to CPU share gains versus Intel; that supports longer‑term bull cases but leaves near‑term moves sensitive to execution and macro. Seeking Alpha: thesis and valuation
- Negative Sentiment: Profit‑taking and technical weakness after a large 2025 rally — Several outlets highlight a pullback/“island reversal” and a >20% slide from highs, signaling short‑term selling pressure and heightened volatility despite product news. Technical patterns can pressure the stock until clarity on shipments and margins. Invezz: technical/valuation concerns
- Negative Sentiment: Specific product details disappointed some investors — A report noted the stock slipped after Ryzen 7 9850X3D CPU details, suggesting portions of the buy side expected different specs, pricing or timing — short‑term reactionary selling followed. TipRanks: slip on CPU details
- Negative Sentiment: Cost and execution scrutiny — CEO comments noting surging AI demand but rising costs, plus visible insider selling disclosed in recent summaries, feed investor caution around near‑term margins and confidence even as revenue opportunities grow. MSN: CEO comments on costs
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on AMD shares. Wells Fargo & Company upped their price objective on shares of Advanced Micro Devices from $300.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, November 12th. TD Cowen increased their target price on Advanced Micro Devices from $270.00 to $290.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Robert W. Baird set a $300.00 price target on Advanced Micro Devices in a research report on Wednesday, November 5th. KGI Securities set a $260.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, October 13th. Finally, Barclays reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have given a Hold 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 $277.06.
Read Our Latest Stock Report on AMD
Advanced Micro Devices Stock Performance
The business’s fifty day moving average price is $224.48 and its 200-day moving average price is $191.17. The stock has a market cap of $341.92 billion, a PE ratio of 103.97, a P/E/G ratio of 0.94 and a beta of 1.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The firm’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 earnings per share. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.
Insider Transactions at Advanced Micro Devices
In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the transaction, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at $705,116,186.64. The trade was a 3.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 17,108 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the completion of the transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 178,358 shares of company stock worth $39,229,623 in the last quarter. Company insiders own 0.06% of the company’s stock.
Institutional Investors Weigh In On Advanced Micro Devices
Several institutional investors and hedge funds have recently modified their holdings of AMD. ORG Wealth Partners LLC lifted its stake in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares in the last quarter. Koesten Hirschmann & Crabtree INC. increased its holdings in shares of Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Pinney & Scofield Inc. increased its holdings in shares of Advanced Micro Devices by 81.0% in the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 85 shares during the last quarter. Dogwood Wealth Management LLC lifted its position in shares of Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares in the last quarter. Finally, Avion Wealth boosted its stake in Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 72 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.
About Advanced Micro Devices
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.