Advanced Micro DevicesAMD
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: 1,224 | Existing positions reduced: 761
42% more first-time investments, than exits
New positions opened: 236 | Existing positions closed: 166
2% more funds holding
Funds holding: 2,438 [Q2] → 2,483 (+45) [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] → 67.77% (-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
13 analyst ratings
Morgan Stanley Joseph Moore 61% 1-year accuracy 36 / 59 met price target | 23%upside $147 | Equal-Weight Maintained | 4 Feb 2025 |
Rosenblatt Hans Mosesmann 52% 1-year accuracy 34 / 66 met price target | 109%upside $250 | Buy Maintained | 4 Feb 2025 |
Susquehanna Christopher Rolland 42% 1-year accuracy 67 / 158 met price target | 38%upside $165 | Positive Maintained | 29 Jan 2025 |
Melius Research Ben Reitzes 33% 1-year accuracy 2 / 6 met price target | 8%upside $129 | Hold Downgraded | 28 Jan 2025 |
Citigroup Christopher Danely 49% 1-year accuracy 23 / 47 met price target | 46%upside $175 | Buy Maintained | 21 Jan 2025 |
Financial journalist opinion
Based on 196 articles about AMD published over the past 30 days
