Advanced Micro DevicesAMD
Market Cap: 226B
About: Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, 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, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.
Employees: 26,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
122% more first-time investments, than exits
New positions opened: 389 | Existing positions closed: 175
16% more repeat investments, than reductions
Existing positions increased: 990 | Existing positions reduced: 852
16% more capital invested
Capital invested by funds: $168B [Q4 2023] → $194B (+$26.8B) [Q1 2024]
14% more funds holding in top 10
Funds holding in top 10: 151 [Q4 2023] → 172 (+21) [Q1 2024]
10% more funds holding
Funds holding: 2,239 [Q4 2023] → 2,453 (+214) [Q1 2024]
3.45% less ownership
Funds ownership: 70.4% [Q4 2023] → 66.95% (-3.45%) [Q1 2024]
26% less call options, than puts
Call options by funds: $16.1B | Put options by funds: $21.8B
Research analyst outlook
57 Wall Street Analysts provided 1 year price forecasts over the past 6 months
57 analyst ratings
Susquehanna Christopher Rolland | 43%upside $200 | Positive Maintained | 25 Jul 2024 |
Cantor Fitzgerald C J Muse | 43%upside $200 | Overweight Maintained | 16 Jul 2024 |
TD Cowen Matthew Ramsay | 50%upside $210 | Buy Maintained | 15 Jul 2024 |
Citigroup Christopher Danely | 50%upside $210 | Buy Maintained | 15 Jul 2024 |
Wells Fargo Aaron Rakers | 46%upside $205 | Overweight Maintained | 11 Jul 2024 |
Financial journalist opinion
Based on 155 articles about AMD published over the past 30 days