Advanced Micro Devices (AMD)

• Market cap: $199B
• 1 day: -2.20%
• 5 days: 1.43%
• 1 month: -13.81%
• 3 months: -25.38%
• 6 months: -22.35%
• Year to date: -11.65%
• 1 year: -11.65%
• 5 years: 168.98%
• 10 years: 4,555.51%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array leader Xilinx to diversify its business and augment its opportunities in key end markets such as data center and automotive.

Employees: 26,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

61% more repeat investments, than reductions

Existing positions increased: 1,221 | Existing positions reduced: 758

22% more first-time investments, than exits

New positions opened: 236 | Existing positions closed: 194

2% more funds holding

Funds holding: 2,435 [Q2] → 2,477 (+42) [Q3]

1% less funds holding in top 10

Funds holding in top 10: 134 [Q2] → 132 (-2) [Q3]

4.55% less ownership

Funds ownership: 72.31% [Q2] → 67.76% (-4.55%) [Q3]

7% less capital invested

Capital invested by funds: $193B [Q2] → $179B (-$14B) [Q3]

27% less call options, than puts

Call options by funds: $16B | Put options by funds: $21.8B

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $155 27% upside
• Avg. target: $189 55% upside
• High target: $250 104% upside

13 analyst ratings

• positive: 11 85%
• neutral: 2 15%
• negative: 0 0%

Morgan Stanley Joseph Moore 67% 1-year accuracy 38 / 57 met price target	29% upside $158	Equal-Weight Maintained	20 Dec 2024
B of A Securities Vivek Arya 57% 1-year accuracy 60 / 106 met price target	27% upside $155	Neutral Downgraded	9 Dec 2024
Mizuho Vijay Rakesh 38% 1-year accuracy 27 / 71 met price target	47% upside $180	Outperform Maintained	5 Dec 2024
Benchmark Cody Acree 60% 1-year accuracy 21 / 35 met price target	63% upside $200	Buy Reiterated	31 Oct 2024
Citigroup Christopher Danely 50% 1-year accuracy 24 / 48 met price target	63% upside $200	Buy Maintained	30 Oct 2024