AMD stock surged over 8% on positive opinions regarding upcoming AI chip developments
From Nasdaq: 2025-06-19 13:00:00
Recent discussions on X are buzzing about Advanced Micro Devices (AMD) as shares surged over 8% in a single trading session. The focus is on AMD’s upcoming MI355 chips, poised to challenge competitors with speed and cost efficiency. Analyst upgrades and potential partnerships with tech giants are boosting optimism in AMD’s AI and data center markets.
Congressional trading of $AMD stock shows 16 transactions by members in the past 6 months, with 12 purchases and 4 sales. Notable trades include Representative Marjorie Taylor Greene making 9 purchases and no sales. To track congressional stock trading, visit Quiver Quantitative’s congressional trading dashboard.
Insider trading activity for AMD reveals 11 transactions by insiders in the last 6 months, with 2 purchases and 9 sales. Chief Technology Officer Mark D Papermaster made 9 sales, while EVP Philip Guido made 2 purchases. Monitor insider transactions on Quiver Quantitative’s insider trading dashboard for more information.
Hedge fund activity around AMD saw 1,163 institutions adding shares and 1,513 decreasing their positions in the latest quarter. Notable changes include Fisher Asset Management removing over 22 million shares and Marshall Wace, LLP adding over 6.9 million shares. Stay informed on hedge fund stock portfolios with Quiver Quantitative’s institutional holdings dashboard.
Wall Street analysts have issued reports on AMD, with 10 firms issuing buy ratings and 1 issuing a sell rating. Recent ratings include a “Buy” from Roth Capital and an “Outperform” from Evercore ISI. To track analyst ratings and price targets for AMD, visit Quiver Quantitative’s $AMD forecast page.
Multiple analysts have set price targets for AMD, with a median target of $145.5. Recent targets include Roth Capital setting a target of $150.0 and Evercore ISI setting a target of $144.0. Note that this article is not financial advice, and visit Quiver Quantitative for more information and disclaimers.
Read more at Nasdaq: Advanced Micro Devices (AMD) Opinions on Recent Stock Surge and AI Chip Developments