
Advanced Micro Devices, Inc.
- What it sells
- Datacenter is 48% and Client and Gaming 42% of revenue (fiscal year to Dec 2025), from 29% and 48% two years earlier.
- Growing?
- Yes: revenue up 45% on a year earlier (quarter ended Sep 2026); earnings per share up 128% over the last four quarters.
- Expensive?
- About usual: 127× trailing earnings; its five-year median is 108×. Priced 701% above the peer median of 15.9x (excludes 1 unprofitable peer).
- Analysts?
- 85% of 53 say buy; average 12-month target $657, 12% above today's price.
- Risky?
- Much swingier than most large companies: its price swung 73% over the past year (the S&P 500's 14%), and it fell as much as 65% since Nov 2021.
Advanced Micro Devices, Inc. (AMD) designs and sells x86 CPUs, GPUs/AI accelerators, and adaptive/embedded computing products, including AMD EPYC™ (server), AMD Ryzen™ (PC), Radeon™ graphics, and AMD Instinct™ data center GPUs, primarily monetized via unit shipments to OEMs/ODMs, hyperscalers, channel distributors, and embedded customers.
More about Advanced Micro Devices
It operates a fabless model (outsourcing wafer fabrication/packaging to foundry and OSAT partners) and earns revenue mainly from semiconductor product sales (with associated software/support enabling adoption).
Market Position
AMD is a leading alternative supplier to Intel in server/PC CPUs and competes with NVIDIA in data center and gaming GPUs/accelerators, differentiating with a broad CPU+GPU portfolio, chiplet architectures, and an “open” ecosystem approach (e.g., ROCm for AI/HPC). Its scale and competitiveness are most visible in data center compute where demand for EPYC™ and Instinct™ products has driven substantial segment revenue.
Key Segments
AMD reports Data Center, Client and Gaming, and Embedded segments (with “All Other” including items such as stock-based compensation and amortization). In fiscal 2025, segment net revenue was $16.6B (Data Center), $14.6B (Client and Gaming), and $3.5B (Embedded).
How has the stock done?
Over the past month AMD fell 1.5%; the semiconductor ETF (SMH) fell 15.1% and the S&P 500 fell 2.7%.
Over the past six months AMD rose 30.6%; the semiconductor ETF (SMH) fell 10.6% and the S&P 500 rose 2.6%. 1 Congress filing by portfolios that hold it fall in this period.
Over the past year AMD rose 126.1%; the semiconductor ETF (SMH) rose 41.1% and the S&P 500 rose 10.8%. 1 Congress filing by portfolios that hold it fall in this period.
Over five years AMD rose 295.8%; the semiconductor ETF (SMH) rose 233.3% and the S&P 500 rose 62.0%. 1 Congress filing by portfolios that hold it fall in this period.
From Nov 29, 2021 to Oct 14, 2022, the deepest drop from a high since Nov 2021
How much the price swings in a year; the S&P 500's was 14%
When the S&P 500 moves 1%, the stock has moved about 3.4% the same way
Show the Congress filings
| Filed | Portfolio | AMD in the filing | Latest trade in filing | AMD share |
|---|---|---|---|---|
| Aug 13, 2026 | Thomas Suozzi | Annual report: held $251,002–$515,000 in all across 2 entries at the end of 2025 | — | 10.2% |
Show the earnings releases
| Released | Quarter | Revenue | EPS vs estimate | Stock, day after | 5 days after |
|---|---|---|---|---|---|
| Nov 3, 2026 | ended Sep 2026 | $13.4B (+45% vs a year earlier) | $2.09 vs $1.95 (beat) | +4.7% | +10.4% |
| Aug 4, 2026 | ended Jun 2026 | $11.5B (+50% vs a year earlier) | $1.66 vs $1.61 (beat) | −0.5% | −2.1% |
| May 5, 2026 | ended Mar 2026 | $10.3B (+38% vs a year earlier) | $1.37 vs $1.29 (beat) | +23.4% | +31.3% |
| Feb 3, 2026 | ended Dec 2025 | $10.3B (+34% vs a year earlier) | $1.53 vs $1.32 (beat) | −18.7% | −13.3% |
| Nov 4, 2025 | ended Sep 2025 | $9.2B (+36% vs a year earlier) | — | −1.3% | −8.5% |
| Aug 5, 2025 | ended Jun 2025 | $7.7B (+32% vs a year earlier) | — | −7.7% | −1.0% |
| May 6, 2025 | ended Mar 2025 | $7.4B (+36% vs a year earlier) | — | −0.2% | +11.8% |
| Feb 4, 2025 | ended Dec 2024 | $7.7B (+24% vs a year earlier) | — | −2.0% | −2.8% |
| Oct 29, 2024 | ended Sep 2024 | $6.8B (+18% vs a year earlier) | — | −7.1% | −11.4% |
| Jul 30, 2024 | ended Jun 2024 | $5.8B (+9% vs a year earlier) | — | +3.4% | −6.8% |
| Apr 30, 2024 | ended Mar 2024 | $5.5B (+2% vs a year earlier) | — | −9.9% | −3.6% |
| Jan 30, 2024 | ended Dec 2023 | $6.2B (+10% vs a year earlier) | — | −5.7% | −5.6% |
| Oct 31, 2023 | ended Sep 2023 | $5.8B (+4% vs a year earlier) | — | +12.3% | +18.0% |
| Aug 1, 2023 | ended Jun 2023 | $5.4B (−18% vs a year earlier) | — | −4.4% | −1.0% |
| May 2, 2023 | ended Mar 2023 | $5.4B (−9% vs a year earlier) | — | −9.0% | +6.0% |
| Jan 31, 2023 | ended Dec 2022 | $5.6B (+16% vs a year earlier) | — | +16.8% | +18.6% |
| Nov 1, 2022 | ended Sep 2022 | $5.6B (+29% vs a year earlier) | — | −2.4% | +6.3% |
| Aug 2, 2022 | ended Jun 2022 | $6.5B (+70% vs a year earlier) | — | +1.4% | −1.3% |
| May 3, 2022 | ended Mar 2022 | $5.9B (+71% vs a year earlier) | — | +10.7% | −1.2% |
| Feb 1, 2022 | ended Dec 2021 | $4.8B (+49% vs a year earlier) | — | +7.4% | +12.2% |
Change in closing price from the first day shown, or with Price the closing price itself. Prices: Yahoo Finance, to Nov 12, 2026. Dots on the line: a member of Congress whose Hunch portfolio holds AMD filed a disclosure; its hover says what the disclosure reports of AMD: each trade, bought or sold, with the amount range the member filed (the House asks for a range, not the amount), or in an annual report the range of the holding’s value, the ranges of its entries added up (“in all”) where the report lists AMD more than once, in several accounts or share classes: a sum that bounds the value as the ranges do but is not a range the form offers. An annual report’s row has no latest trade. Filings: the Clerk of the House. Dashed lines: the days the company released earnings (its SEC 8-K filings); EPS estimates: Yahoo Finance. The stock's move after a release runs from the last close before its day to the close the day after (or five days after), so a release before the open counts like one after the close.
Is the business growing?
Revenue was $13.4B in the quarter ended Sep 2026, up 45% from a year earlier.
Show the data
| Quarter ended | Revenue | vs a year earlier |
|---|---|---|
| Dec 2022 | $5.6B | +16% |
| Mar 2023 | $5.4B | −9% |
| Jun 2023 | $5.4B | −18% |
| Sep 2023 | $5.8B | +4% |
| Dec 2023 | $6.2B | +10% |
| Mar 2024 | $5.5B | +2% |
| Jun 2024 | $5.8B | +9% |
| Sep 2024 | $6.8B | +18% |
| Dec 2024 | $7.7B | +24% |
| Mar 2025 | $7.4B | +36% |
| Jun 2025 | $7.7B | +32% |
| Sep 2025 | $9.2B | +36% |
| Dec 2025 | $10.3B | +34% |
| Mar 2026 | $10.3B | +38% |
| Jun 2026 | $11.5B | +50% |
| Sep 2026 | $13.4B | +45% |
Revenue went from $23.6B in FY22 to $34.6B in FY25; net income from $1.3B to $4.3B.
Show the data
| Fiscal year | Revenue | Net income |
|---|---|---|
| FY22 | $23.6B | $1.3B |
| FY23 | $22.7B | $854M |
| FY24 | $25.8B | $1.6B |
| FY25 | $34.6B | $4.3B |
In the fiscal year to Dec 2025, Datacenter was 48% and Client and Gaming was 42% of revenue; Datacenter rose from 29% in the fiscal year to Dec 2023.
Show the data
| Fiscal year | Part | Revenue | Share |
|---|---|---|---|
| FY2023 | Client and Gaming | $10.9B | 48% |
| FY2023 | Datacenter | $6.5B | 29% |
| FY2023 | Embedded | $5.3B | 23% |
| FY2024 | Datacenter | $12.6B | 49% |
| FY2024 | Client and Gaming | $9.6B | 37% |
| FY2024 | Embedded | $3.6B | 14% |
| FY2025 | Datacenter | $16.6B | 48% |
| FY2025 | Client and Gaming | $14.6B | 42% |
| FY2025 | Embedded | $3.5B | 10% |
In the fiscal year to Dec 2025, United States was 33% and China was 22% of revenue; Other Countries fell from 32% in the fiscal year to Dec 2023.
Show the data
| Fiscal year | Part | Revenue | Share |
|---|---|---|---|
| FY2023 | United States | $7.8B | 35% |
| FY2023 | Other Countries | $7.4B | 32% |
| FY2023 | China | $3.4B | 15% |
| FY2023 | Singapore | $2.2B | 10% |
| FY2023 | Taiwan | $1.8B | 8% |
| FY2024 | United States | $8.7B | 34% |
| FY2024 | China | $6.2B | 24% |
| FY2024 | Other Countries | $3.9B | 15% |
| FY2024 | Singapore | $3.6B | 14% |
| FY2024 | Taiwan | $3.3B | 13% |
| FY2025 | United States | $11.4B | 33% |
| FY2025 | China | $7.8B | 22% |
| FY2025 | Other Countries | $6.1B | 17% |
| FY2025 | Taiwan | $5.2B | 15% |
| FY2025 | Singapore | $4.3B | 12% |
A year earlier $0.75
Diluted, from SEC filings
Quarters: Advanced Micro Devices, Inc.'s SEC filings, named by the month they end. Fiscal years: Advanced Micro Devices, Inc.'s annual reports to the SEC.
How it makes money
Of every $100 in revenue, $12.5 ends up as net income. Net margin rose from 5.6% to 12.5% over the past 3 years.
Show the data
| Quarter ended | Gross | Operating | Net |
|---|---|---|---|
| Dec 2022 | 42.9% | −2.7% | 0.4% |
| Mar 2023 | 44.1% | −2.7% | −2.6% |
| Jun 2023 | 45.6% | −0.4% | 0.5% |
| Sep 2023 | 47.4% | 3.9% | 5.2% |
| Dec 2023 | 47.2% | 5.5% | 10.8% |
| Mar 2024 | 46.8% | 0.7% | 2.2% |
| Jun 2024 | 49.1% | 4.6% | 4.5% |
| Sep 2024 | 50.1% | 10.6% | 11.3% |
| Dec 2024 | 50.7% | 11.4% | 6.3% |
| Mar 2025 | 50.2% | 10.8% | 9.5% |
| Jun 2025 | 39.8% | −1.7% | 11.3% |
| Sep 2025 | 51.7% | 13.7% | 13.4% |
| Dec 2025 | 54.3% | 17.1% | 14.7% |
| Mar 2026 | 52.8% | 14.4% | 13.5% |
| Jun 2026 | 53.8% | 17.3% | 19.9% |
| Sep 2026 | 53.9% | 21.2% | 18.2% |
Circled: Jun 2025 (net 11.3%, operating −1.7%). Net margin is usually less than 1 point above operating margin; in that quarter something below operating income (a tax charge or benefit, a gain or loss on investments, a write-down) moved it, not the business itself.
+4.6 pts over 3 years
+5.3 pts over 3 years
+6.9 pts over 3 years
Each margin is that line of the income statement divided by revenue. Fiscal year: Advanced Micro Devices, Inc.'s annual reports to the SEC; quarters: SEC filings.
Where it is in the chip cycle
Gross margin 53.9%, up 2.2 points from a year earlier; inventory at 165 days and rising for 3 years; capital spending 4.5% of revenue over the last 4 quarters.
Show the data
| Period | Inventory days |
|---|---|
| FY22 | 106 |
| FY23 | 130 |
| FY24 | 160 |
| FY25 | 165 |
How many days of sales are sitting in stock. Rising inventory days often come before a downturn: chips are being made faster than they sell.
Show the data
| Period | Capital spending |
|---|---|
| Sep ’25 | 2.8% |
| Dec ’25 | 2.2% |
| Mar ’26 | 3.8% |
| Jun ’26 | 7.0% |
| Sep ’26 | 4.8% |
Money put into factories and equipment. Heavy spending late in an upswing can leave the industry with too much capacity when demand cools.
Gross margin by fiscal quarter, from SEC filings. Inventory days: year-end inventory over that year's cost of revenue, times 365.
Customers and suppliers
In its latest annual report Advanced Micro Devices buys from TSMC, GlobalFoundries, UMC and 5 more; sells to OpenAI, Sony, Microsoft; one customer it does not name accounts for 18% of its revenue. Since then its 8-K filings name Meta Platforms as a customer and a partner (Feb 24, 2026). Dell Technologies’s Supplier List for fiscal 2025 names Advanced Micro Devices as a supplier. AMD’s earnings release for the second quarter of 2026 names Oracle as a customer.
Their suppliers
Suppliers
Customers
Their customers
Partners
Changes since the previous annual report (10-K filed Feb 5, 2025)
Named in other companies’ filings
Show the filing's words
| Company | Role | In the filing's words |
|---|---|---|
| OpenAI | customer | “In October 2025, we entered into a product purchase agreement with OpenAI OpCo, LLC, (OpenAI) to deploy 6 gigawatts of AMD GPUs, with the deployment of the first gigawatt of capacity powered by our AMD Instinct MI450 series products.” |
| OpenAI | partner · invested in Advanced Micro Devices | “In October 2025, the Company issued to OpenAI OpCo, LLC (the Warrantholder) a warrant to purchase up to an aggregate of 160 million shares of the Company’s common stock at an exercise price of $0.01 per share.” |
| TSMC | supplier | “We rely on Taiwan Semiconductor Manufacturing Company Limited (TSMC) for the production of all wafers for microprocessor and GPU products at 7 nanometer (nm) or smaller nodes, and we rely primarily on GLOBALFOUNDRIES Inc. (GF) for wafers for microprocessor and GPU products manufactured at process nodes larger than 7 nm.” |
| GlobalFoundries | supplier | “We rely on Taiwan Semiconductor Manufacturing Company Limited (TSMC) for the production of all wafers for microprocessor and GPU products at 7 nanometer (nm) or smaller nodes, and we rely primarily on GLOBALFOUNDRIES Inc. (GF) for wafers for microprocessor and GPU products manufactured at process nodes larger than 7 nm.” |
| UMC | supplier | “Additionally, we utilize TSMC, United Microelectronics Corporation (UMC) and Samsung Electronics Co., Ltd. for the production of our ICs in the form of programmable logic devices.” |
| Samsung | supplier | “Additionally, we utilize TSMC, United Microelectronics Corporation (UMC) and Samsung Electronics Co., Ltd. for the production of our ICs in the form of programmable logic devices.” |
| Tongfu Microelectronics | partner · joint venture with it | “The Company holds a 15% equity interest in two joint ventures (collectively, the ATMP JV) with affiliates of Tongfu Microelectronics Co., Ltd, a Chinese joint stock company.” |
| ATMP JV | partner · joint venture with it | “The Company holds a 15% equity interest in two joint ventures (collectively, the ATMP JV) with affiliates of Tongfu Microelectronics Co., Ltd, a Chinese joint stock company....The carrying value of the investment was $176 million and $149 million as of December 27, 2025 and December 28, 2024, respectively, and are recorded within Other non-current assets on the Company’s Consolidated Balance Sheets.” |
| ATMP JVs | supplier | “The ATMP JVs, Siliconware Precision Industries Ltd. (SPIL) and King Yuan Electronics Company (KYEC) provide ATMP services for our products.” |
| ASE Technology | supplier | “The ATMP JVs, Siliconware Precision Industries Ltd. (SPIL) and King Yuan Electronics Company (KYEC) provide ATMP services for our products.” |
| KYEC | supplier | “The ATMP JVs, Siliconware Precision Industries Ltd. (SPIL) and King Yuan Electronics Company (KYEC) provide ATMP services for our products.” |
| Sony | customer | “The success of our semi-custom SoC products in our Client and Gaming segment is dependent on securing customers for our semi-custom design pipeline and consumer market conditions, including the success of game console systems and next generation consoles for Sony and Microsoft.” |
| Microsoft | customer | “The success of our semi-custom SoC products in our Client and Gaming segment is dependent on securing customers for our semi-custom design pipeline and consumer market conditions, including the success of game console systems and next generation consoles for Sony and Microsoft.” |
| Microsoft | partner | “With respect to our graphics products, we depend in part on Microsoft to design and develop its operating system to run on or support our graphics products....In addition, some software drivers licensed for use with our x86 products are certified by Microsoft.” |
| THATIC | partner · joint venture with it | “We have equity interests in two joint ventures (collectively, the THATIC JV) with Higon Information Technology Co., Ltd. (THATIC), a third-party Chinese entity.” |
| THATIC JV | partner · joint venture with it | “We have equity interests in two joint ventures (collectively, the THATIC JV) with Higon Information Technology Co., Ltd. (THATIC), a third-party Chinese entity.” |
| Sanmina | supplier | “Sanmina will also be our preferred partner for manufacturing capabilities in building complex AI solutions.” |
| Sanmina | partner · Advanced Micro Devices invested in it | “On October 27, 2025, the Company completed the sale of the ZT Manufacturing Business to Sanmina Corporation (Sanmina) for $2.4 billion in cash, subject to certain purchase price adjustments and 1,151,052 shares of Sanmina common stock. Upon close of the sale, the Company received cash of $1.4 billion, net of cash divested and purchase price adjustments, and shares of Sanmina common stock valued at $154 million.” |
| One Client and Gaming segment customer (unnamed) | customer | “One Client and Gaming segment customer accounted for 18% of consolidated net revenue in fiscal year 2023.” |
| Intel | partner · licensing deal with it | “Patent Cross License Agreement, between Advanced Micro Devices, Inc. and Intel Corporation filed, dated November 11, 2009, as Exhibit 10.2 to AMD’s Current Report on Form 8-K dated November 17, 2009, is hereby incorporated by reference.” |
| Meta Platforms (8-K filed Feb 24, 2026) | customer | “Under the arrangement, the parties entered into an amendment to that certain Master Purchase Agreement dated May 23, 2023 (the “Agreement”) and concurrent with the Warrant issuance, Meta agreed to a binding commitment under the Agreement to purchase (directly or through its affiliates, or indirectly through authorized third parties (“Authorized Purchasers”)) the initial one (1) gigawatt equivalent of certain AMD Instinct GPU products.” |
| Meta Platforms (8-K filed Feb 24, 2026) | partner · invested in Advanced Micro Devices | “On February 23, 2026, in connection with a strategic arrangement between Advanced Micro Devices, Inc. (“AMD”) and Meta Platforms, Inc. (“Meta") governing the purchase of AMD InstinctTM GPU products by Meta, AMD issued to Meta a performance-based warrant (the “Warrant”) to purchase up to an aggregate of 160 million shares of common stock of AMD (the “Warrant Shares”) at an exercise price of $0.01 per share.” |
| Dell Technologies (Supplier List published Dec 22, 2025) | calls it a supplier | “AMD | Phase III, Free Industrial Zone 11900 Bayan Lepas, Penang, Malaysia | Parts / Components | Other direct material suppliers” |
| DigitalOcean Holdings (10-K filed Feb 24, 2026) | calls it a partner | “In 2025, we entered into multiple strategic partnerships, including with Laravel, which is using DigitalOcean for its Laravel VPS offering, fal, a leading multimodal AI platform for generative media, and an expanded partnership with AMD, which launched a DigitalOcean-powered developer cloud in 2025.” |
| DigitalOcean Holdings (10-K filed Feb 24, 2026) | calls it a supplier | “In 2025, we released a range of new AI products and platform capabilities, including Gradient® AI GPUs from AMD and NVIDIA, and major enhancements to the Gradient® AI Platform such as VPC support, image and video models, and the Agent Development Kit (“ADK”).” |
| Fortinet (10-K filed Feb 25, 2026) | calls it a supplier | “Our limited source components for particular appliances and suppliers of those components include specific types of CPUs from Intel and AMD, network and wireless chips from Broadcom, Marvell, Qualcomm and Intel, and memory devices from Intel, Micron, ADATA, Toshiba, Samsung and Western Digital.” |
| Hewlett-Packard Enterprise (10-K filed Dec 18, 2025) | calls it a supplier | “In some instances, our single-source suppliers (e.g., Intel and AMD as suppliers of certain x86 processors Broadcom and others for industry standard Application-Specific Standard Product, or NVIDIA for Graphics Processing Units) are also the single-source suppliers for the entire market; disruptions with these suppliers would result in industry-wide dislocations and therefore would not disproportionately disadvantage us relative to our competitors.” |
| IBM (10-K filed Feb 24, 2026) | calls it a partner | “Finally, to expand client choice and speed in using AI, we strengthened our AI ecosystem through partnerships with NVIDIA, Anthropic, Groq, and AMD.” |
| IREN (10-K filed Aug 27, 2026) | calls it a supplier | “In particular, we source certain hardware solutions (such as GPUs, networking and storage equipment utilized for AI Cloud Services) from a limited number of suppliers, including NVIDIA, AMD, Dell Technologies, Lenovo, Supermicro, Gigabyte and leading storage and networking providers.” |
| Penguin Solutions (10-K filed Oct 20, 2026) | calls it a supplier | “They also include some of the world’s largest providers of computing, communications and graphics processors, including Intel Corporation (“Intel”), Advanced Micro Devices, Inc. and TD SYNNEX Corporation; as well as providers of subsystems including Intel; networking products including Super Micro Computer, Inc. and Juniper Networks, Inc.; and suppliers of software products.” |
| Super Micro Computer (10-K filed Aug 31, 2026) | co-develops with it | “We work closely with NVIDIA, Intel and AMD, among others, to develop products that are compatible with the latest generation of industry-standard technologies under development....We work closely with their respective development teams to enhance system performance and reduce system-level issues.” |
| Super Micro Computer (10-K filed Aug 31, 2026) | calls it a supplier | “Much of our research and development activity relates to the new product cycles of leading processor vendors. We work closely with NVIDIA, Intel and AMD, among others, to develop products that are compatible with the latest generation of industry-standard technologies under development.” |
| Oracle (earnings release published Aug 4, 2026) | customer | “AMD Helios delivers leadership inference tokens per dollar and is being deployed by leading AI labs and cloud providers including Anthropic, Cirrascale, HUMAIN, Meta, Microsoft, OpenAI, Oracle, Tensorwave, Vultr and others.” |
Only the companies Advanced Micro Devices names in its 10-K filed Feb 4, 2026 (SEC) and in the 8-Ks it filed since, each with its date. Named in other companies' filings: those whose own latest annual report or an 8-K since names Advanced Micro Devices. The supply chain joins the latest annual reports of the companies on it and the 8-Ks they filed since: a link shows when either side's report names the other, so it grows as more reports are read. Also from other documents: Dell Technologies’s Supplier List for fiscal 2025, published Dec 22, 2025 (source); AMD’s earnings release for the second quarter of 2026, published Aug 4, 2026 (source). Hover a name for the filing's own words. Customers it does not name are listed as the filing describes them.
Is it expensive?
P/E of 127x, above the peer median of 15.9x, so it needs earnings to keep growing to hold up.
Priced 701% above the peer median of 15.9x (excludes 1 unprofitable peer).
Show the data
| Company | P/E (trailing) |
|---|---|
| AMD · Advanced Micro Devices, Inc. | 127× |
| AVGO · Broadcom Inc. | 46.5× |
| NVDA · NVIDIA Corporation | 21× |
| MU · Micron Technology, Inc. | 10.8× |
| SKHY · SK hynix Inc. | 8.8× |
| INTC · Intel Corporation | Loss |
At 127× trailing earnings AMD is inside the middle of its five-year range; the five-year median is 108×.
Show the data
| Date | Trailing P/E |
|---|---|
| Nov 8, 2021 | 46.5× |
| Feb 8, 2022 | 49.9× |
| May 10, 2022 | 33.1× |
| Aug 10, 2022 | 41.8× |
| Nov 8, 2022 | 38.5× |
| Feb 9, 2023 | 94.6× |
| May 11, 2023 | 422× |
| Nov 10, 2023 | 988× |
| Feb 13, 2024 | 324× |
| May 14, 2024 | 222× |
| Aug 14, 2024 | 170× |
| Nov 12, 2024 | 128× |
| Feb 14, 2025 | 114× |
| May 16, 2025 | 86.2× |
| Aug 18, 2025 | 101× |
| Nov 14, 2025 | 122× |
| Feb 18, 2026 | 75.5× |
| May 19, 2026 | 136× |
| Aug 19, 2026 | 120× |
| Nov 12, 2026 | 127× |
Closing price over diluted earnings per share of the last four reported quarters, as known on each day (a quarter counts 35 days after it ends). From SEC filings; earnings per share adjusted for splits.
What analysts expect
The average analyst price target is $657, 12% above the current price; 85% of 53 analysts rate it a buy; earnings beat estimates in all of the last 4 quarters.
Buy or Strong Buy: 45 analysts (85%). Sell or Strong Sell: 0.
Over the past year the average of the analysts' latest price targets went from $271.56 to $638.87 (+135%), while AMD went from $247.96 to $585.30 (+136%). In the past three months targets were raised 14 times and cut 4 times. 8 upgrades and 3 downgrades over the year; the latest: Oppenheimer moved it to Outperform from Perform on Nov 9, 2026.
Show every change
| Date | Firm | Change | Rating | Target |
|---|---|---|---|---|
| Nov 9, 2026 | Oppenheimer | Upgrade | Outperform, was Perform | $600.00 |
| Nov 4, 2026 | UBS | Target cut | Buy | $700.00, was $730.00 |
| Nov 4, 2026 | JP Morgan | Target raised | Neutral | $575.00, was $550.00 |
| Nov 4, 2026 | Morgan Stanley | Target raised | Equal-Weight | $550.00, was $510.00 |
| Nov 4, 2026 | Piper Sandler | Target raised | Overweight | $650.00, was $600.00 |
| Nov 4, 2026 | Wells Fargo | Target cut | Overweight | $650.00, was $700.00 |
| Nov 4, 2026 | RBC Capital | Target kept | Sector Perform | $540.00 |
| Nov 4, 2026 | Truist Securities | Target raised | Buy | $605.00, was $594.00 |
| Nov 4, 2026 | Wedbush | Target kept | Outperform | $600.00 |
| Nov 4, 2026 | StoneX | Target kept | Buy | $685.00 |
| Nov 4, 2026 | DA Davidson | Target raised | Buy | $600.00, was $550.00 |
| Nov 4, 2026 | Keybanc | Target kept | Overweight | $725.00 |
| Nov 4, 2026 | Rosenblatt | Target kept | Buy | $700.00 |
| Nov 4, 2026 | Mizuho | Target cut | Outperform | $610.00, was $705.00 |
| Nov 4, 2026 | Cantor Fitzgerald | Target kept | Overweight | $700.00 |
| Nov 4, 2026 | Stifel | Target raised | Buy | $725.00, was $700.00 |
| Nov 4, 2026 | B of A Securities | Target cut | Buy | $650.00, was $720.00 |
| Nov 2, 2026 | Morgan Stanley | Target raised | Equal-Weight | $510.00, was $465.00 |
| Oct 28, 2026 | Susquehanna | Target raised | Positive | $650.00, was $620.00 |
| Oct 21, 2026 | Susquehanna | Target raised | Positive | $620.00, was $550.00 |
| Oct 20, 2026 | Wedbush | Target kept | Outperform | $600.00 |
| Oct 6, 2026 | Citigroup | Target raised | Buy | $800.00, was $575.00 |
| Oct 6, 2026 | Mizuho | Target raised | Outperform | $705.00, was $580.00 |
| Oct 5, 2026 | Stifel | Target raised | Buy | $700.00, was $635.00 |
| Sep 29, 2026 | StoneX | Target kept | Buy | $685.00 |
| Sep 29, 2026 | Rosenblatt | Target kept | Buy | $700.00 |
| Sep 25, 2026 | B of A Securities | Target raised | Buy | $720.00, was $620.00 |
| Sep 10, 2026 | Piper Sandler | Began coverage | Overweight | $600.00 |
| Aug 25, 2026 | Raymond James | Upgrade | Strong Buy, was Outperform | $641.00, was $565.00 |
| Aug 21, 2026 | BMO Capital | Began coverage | Outperform | $550.00 |
| Aug 6, 2026 | Argus Research | Target raised | Buy | $625.00, was $450.00 |
| Aug 6, 2026 | Rosenblatt | Target raised | Buy | $700.00, was $665.00 |
| Aug 5, 2026 | DA Davidson | Target raised | Buy | $550.00, was $425.00 |
| Aug 5, 2026 | Morgan Stanley | Target raised | Equal-Weight | $465.00, was $410.00 |
| Aug 5, 2026 | JP Morgan | Target raised | Neutral | $550.00, was $385.00 |
| Aug 5, 2026 | Truist Securities | Target raised | Buy | $594.00, was $478.00 |
| Aug 5, 2026 | Wells Fargo | Target raised | Overweight | $700.00, was $615.00 |
| Aug 5, 2026 | RBC Capital | Target kept | Sector Perform | $540.00 |
| Aug 5, 2026 | Wedbush | Target kept | Outperform | $600.00 |
| Aug 5, 2026 | Cantor Fitzgerald | Target kept | Overweight | $700.00 |
| Aug 5, 2026 | Evercore ISI Group | Target kept | Outperform | $579.00 |
| Aug 5, 2026 | Barclays | Target kept | Overweight | $665.00 |
| Aug 5, 2026 | Keybanc | Target kept | Overweight | $725.00 |
| Aug 5, 2026 | Northland Capital Markets | Rating kept | Market Perform | — |
| Jul 30, 2026 | Susquehanna | Target raised | Positive | $500.00, was $450.00 |
| Jul 27, 2026 | Mizuho | Target raised | Outperform | $625.00, was $615.00 |
| Jul 27, 2026 | Wedbush | Target raised | Outperform | $600.00, was $450.00 |
| Jul 25, 2026 | UBS | Target raised | Buy | $730.00, was $700.00 |
| Jul 25, 2026 | Jefferies | Target raised | Buy | $640.00, was $515.00 |
| Jul 24, 2026 | Roth Capital | Target raised | Buy | $650.00, was $500.00 |
| Jul 24, 2026 | RBC Capital | Target kept | Sector Perform | $540.00 |
| Jul 24, 2026 | Cantor Fitzgerald | Target kept | Overweight | $700.00 |
| Jul 24, 2026 | Rosenblatt | Target kept | Buy | $665.00 |
| Jul 23, 2026 | Benchmark | Target raised | Buy | $685.00, was $485.00 |
| Jul 14, 2026 | B of A Securities | Target raised | Buy | $620.00, was $550.00 |
| Jul 14, 2026 | Keybanc | Target raised | Overweight | $725.00, was $530.00 |
| Jul 13, 2026 | TD Cowen | Target raised | Buy | $675.00, was $600.00 |
| Jul 10, 2026 | Stifel | Target raised | Buy | $635.00, was $450.00 |
| Jul 6, 2026 | Goldman Sachs | Target raised | Buy | $640.00, was $450.00 |
| Jun 30, 2026 | Wells Fargo | Target raised | Overweight | $615.00, was $505.00 |
| Jun 29, 2026 | Cantor Fitzgerald | Target raised | Overweight | $700.00, was $500.00 |
| Jun 24, 2026 | UBS | Target raised | Buy | $670.00, was $455.00 |
| Jun 17, 2026 | Bernstein | Target raised | Outperform | $600.00, was $525.00 |
| Jun 12, 2026 | Citigroup | Upgrade | Buy, was Neutral | $575.00, was $460.00 |
| Jun 11, 2026 | B of A Securities | Target raised | Buy | $560.00, was $500.00 |
| Jun 1, 2026 | Barclays | Target raised | Overweight | $665.00, was $500.00 |
| Jun 1, 2026 | TD Cowen | Target raised | Buy | $600.00, was $500.00 |
| Jun 1, 2026 | Mizuho | Target raised | Outperform | $615.00, was $515.00 |
| May 19, 2026 | Evercore ISI Group | Target raised | Outperform | $579.00, was $358.00 |
| May 18, 2026 | Citigroup | Target raised | Neutral | $460.00, was $358.00 |
| May 18, 2026 | Melius Research | Target raised | Buy | $540.00, was $500.00 |
| May 13, 2026 | Daiwa Capital | Downgrade | Outperform, was Buy | $500.00, was $250.00 |
| May 13, 2026 | B of A Securities | Target raised | Buy | $500.00, was $450.00 |
| May 12, 2026 | Mizuho | Target raised | Outperform | $515.00, was $415.00 |
| May 7, 2026 | Citigroup | Target raised | Neutral | $358.00, was $248.00 |
| May 6, 2026 | JP Morgan | Target raised | Neutral | $385.00, was $270.00 |
| May 6, 2026 | TD Cowen | Target raised | Buy | $500.00, was $290.00 |
| May 6, 2026 | Bernstein | Upgrade | Outperform, was Market Perform | $525.00, was $265.00 |
| May 6, 2026 | Cantor Fitzgerald | Target raised | Overweight | $500.00, was $450.00 |
| May 6, 2026 | RBC Capital | Target raised | Sector Perform | $400.00, was $325.00 |
| May 6, 2026 | Barclays | Target raised | Overweight | $500.00, was $300.00 |
| May 6, 2026 | Wells Fargo | Target raised | Overweight | $505.00, was $345.00 |
| May 6, 2026 | Susquehanna | Target raised | Positive | $450.00, was $375.00 |
| May 6, 2026 | Benchmark | Target raised | Buy | $485.00, was $325.00 |
| May 6, 2026 | Keybanc | Target raised | Overweight | $530.00, was $330.00 |
| May 6, 2026 | Mizuho | Target raised | Outperform | $415.00, was $280.00 |
| May 6, 2026 | Rosenblatt | Target raised | Buy | $490.00, was $300.00 |
| May 6, 2026 | Wedbush | Target raised | Outperform | $450.00, was $400.00 |
| May 6, 2026 | DA Davidson | Target raised | Buy | $425.00, was $375.00 |
| May 6, 2026 | Seaport Global | Upgrade | Buy, was Neutral | $430.00 |
| May 6, 2026 | Stifel | Target raised | Buy | $450.00, was $320.00 |
| May 6, 2026 | Morgan Stanley | Target raised | Equal-Weight | $410.00, was $360.00 |
| May 6, 2026 | Melius Research | Target raised | Buy | $500.00, was $325.00 |
| May 6, 2026 | Deutsche Bank | Target raised | Hold | $365.00, was $250.00 |
| May 6, 2026 | B of A Securities | Target raised | Buy | $450.00, was $310.00 |
| May 6, 2026 | Roth Capital | Target raised | Buy | $500.00, was $300.00 |
| May 6, 2026 | Jefferies | Target raised | Buy | $415.00, was $300.00 |
| May 6, 2026 | Baird | Target raised | Outperform | $625.00, was $300.00 |
| May 6, 2026 | Northland Capital Markets | Target raised | Market Perform | $320.00, was $260.00 |
| May 6, 2026 | Raymond James | Target raised | Outperform | $455.00, was $365.00 |
| May 6, 2026 | Truist Securities | Target raised | Buy | $478.00, was $283.00 |
| May 6, 2026 | Goldman Sachs | Upgrade | Buy, was Neutral | $450.00, was $240.00 |
| May 4, 2026 | HSBC | Downgrade | Hold, was Buy | $340.00, was $335.00 |
| May 4, 2026 | Wedbush | Target raised | Outperform | $400.00, was $290.00 |
| May 4, 2026 | Morgan Stanley | Target raised | Equal-Weight | $360.00, was $255.00 |
| May 1, 2026 | RBC Capital | Target raised | Sector Perform | $325.00, was $230.00 |
| Apr 29, 2026 | Susquehanna | Target raised | Positive | $375.00, was $300.00 |
| Apr 27, 2026 | Northland Capital Markets | Downgrade | Market Perform, was Outperform | $260.00 |
| Apr 24, 2026 | DA Davidson | Upgrade | Buy, was Neutral | $375.00, was $220.00 |
| Apr 20, 2026 | Stifel | Target raised | Buy | $320.00, was $280.00 |
| Apr 17, 2026 | B of A Securities | Target raised | Buy | $310.00, was $280.00 |
| Apr 16, 2026 | Bernstein | Target raised | Market Perform | $265.00, was $235.00 |
| Apr 6, 2026 | Citigroup | Target cut | Neutral | $248.00, was $260.00 |
| Mar 16, 2026 | RBC Capital | Target kept | Sector Perform | $230.00 |
| Feb 25, 2026 | Goldman Sachs | Target raised | Neutral | $240.00, was $210.00 |
| Feb 25, 2026 | RBC Capital | Target kept | Sector Perform | $230.00 |
| Feb 25, 2026 | Evercore ISI Group | Target raised | Outperform | $358.00, was $328.00 |
| Feb 25, 2026 | Mizuho | Target raised | Outperform | $280.00, was $275.00 |
| Feb 25, 2026 | Benchmark | Target kept | Buy | $325.00 |
| Feb 13, 2026 | DA Davidson | Began coverage | Neutral | $220.00 |
| Feb 4, 2026 | Morgan Stanley | Target cut | Equal-Weight | $255.00, was $260.00 |
| Feb 4, 2026 | Wedbush | Target kept | Outperform | $290.00 |
| Feb 4, 2026 | Evercore ISI Group | Target raised | Outperform | $328.00, was $283.00 |
| Feb 4, 2026 | Keybanc | Target raised | Overweight | $300.00, was $270.00 |
| Feb 4, 2026 | Rosenblatt | Target kept | Buy | $300.00 |
| Feb 4, 2026 | Benchmark | Target kept | Buy | $325.00 |
| Feb 4, 2026 | B of A Securities | Target raised | Buy | $280.00, was $260.00 |
| Jan 30, 2026 | Wells Fargo | Target kept | Overweight | $345.00 |
| Jan 26, 2026 | UBS | Target raised | Buy | $330.00, was $300.00 |
| Jan 26, 2026 | Piper Sandler | Target raised | Overweight | $300.00, was $280.00 |
| Jan 21, 2026 | Bernstein | Target raised | Market Perform | $225.00, was $200.00 |
| Jan 15, 2026 | RBC Capital | Began coverage | Sector Perform | $230.00 |
| Jan 13, 2026 | China Renaissance | Began coverage | Buy | $291.00 |
| Jan 13, 2026 | Keybanc | Upgrade | Overweight, was Sector Weight | $270.00 |
| Dec 19, 2025 | Truist Securities | Target cut | Buy | $277.00, was $279.00 |
| Dec 16, 2025 | Cantor Fitzgerald | Target cut | Overweight | $300.00, was $350.00 |
| Dec 16, 2025 | B of A Securities | Target cut | Buy | $260.00, was $300.00 |
Show the data
| Quarter | Estimate | Reported | Surprise |
|---|---|---|---|
| Dec ’25 | $1.32 | $1.53 | +15.9% |
| Mar ’26 | $1.29 | $1.37 | +6.2% |
| Jun ’26 | $1.61 | $1.66 | +3.1% |
| Sep ’26 | $1.95 | $2.09 | +7.2% |
The day after each of these reports the stock moved −18.7% (Dec 2025, beat); +23.4% (Mar 2026, beat); −0.5% (Jun 2026, beat); +4.7% (Sep 2026, beat).
For the quarter ending Dec 2026 (Advanced Micro Devices reports on Feb 2, 2027), analysts expect adjusted earnings of $2.93 a share, 91% more than the $1.53 of a year earlier, and revenue of $17.1B, up 66% on a year earlier. For the fiscal year ending Dec 2027, they expect adjusted earnings of $17.69 a share, 119% more than the year before's estimate of $8.08, and revenue of $95.9B, up 84% on the year before's estimate.
Adjusted. Dec 2025: $1.53; range $2.72 to $3.05; 38 analysts
Dec 2025: $10.3B; range $17.0B to $17.4B; 36 analysts
Adjusted. The year to Dec 2026: $8.08 expected; range $14.51 to $23.66; 49 analysts
The year to Dec 2026: $52.2B expected; range $80.7B to $120.3B; 49 analysts
Show the data
| Period | Figure | Expected | Low to high | Analysts | A year earlier | Change |
|---|---|---|---|---|---|---|
| Quarter ending Dec 2026, results Feb 2, 2027 | EPS (adjusted) | $2.93 | $2.72 to $3.05 | 38 | $1.53 (Dec 2025) | +91% |
| Quarter ending Dec 2026, results Feb 2, 2027 | Revenue | $17.1B | $17.0B to $17.4B | 36 | $10.3B (Dec 2025) | +66% |
| Quarter ending Mar 2027 | EPS (adjusted) | $3.30 | $2.45 to $3.67 | 35 | $1.37 (Mar 2026) | +141% |
| Quarter ending Mar 2027 | Revenue | $19.1B | $15.8B to $20.5B | 32 | $10.3B (Mar 2026) | +86% |
| Year ending Dec 2026 | EPS (adjusted) | $8.08 | $7.85 to $8.72 | 44 | — | — |
| Year ending Dec 2026 | Revenue | $52.2B | $50.3B to $56.0B | 44 | $34.6B (year to Dec 2025) | +51% |
| Year ending Dec 2027 | EPS (adjusted) | $17.69 | $14.51 to $23.66 | 49 | $8.08 (expected, year to Dec 2026) | +119% |
| Year ending Dec 2027 | Revenue | $95.9B | $80.7B to $120.3B | 49 | $52.2B (expected, year to Dec 2026) | +84% |
Targets, ratings and earnings estimates: Yahoo Finance. Rating and target changes: Yahoo Finance's list of upgrades and downgrades. The average target on each day is the average of every listed firm's latest target set in the 180 days before it, so it counts fewer analysts than the average target above, and the band is the middle half of those targets (a quarter of the firms are above it, a quarter below); a target set before a stock split is divided by the split. Expected figures: the average of the analysts' estimates (Yahoo Finance). Their EPS is adjusted, as analysts estimate it, so it is set against the adjusted EPS Yahoo reports for the same quarters, not the GAAP EPS of the growth and valuation sections; revenue against the SEC filings. No change is given against a quarter whose reported EPS was more than 50% off its own estimate (often a one-off gain or charge), nor against a year that counts one. Each estimate is pinned to its fiscal period by the report date or the period's end, and one that cannot be is left out.
Where the cash goes
Generated $7.1B in free cash flow over the year, of which $220M went back to shareholders (dividends plus buybacks), leaving $6.8B in the company.
Show the data
| Line | Amount |
|---|---|
| Op. cash flow | $9.1B |
| Capex | −$2.1B |
| Free cash flow | $7.1B |
| Dividends | — |
| Buybacks | −$220M |
| Cash retained | $6.8B |
For every $100 of market cap, the company generates about $0.7 in free cash flow a year.
No dividend today; cash goes to growth and share buybacks.
Dividends plus buybacks over the last four quarters: for every $100 of market cap, about $0.0 went back to shareholders.
Show the data
| Quarter ended | Free cash flow | Dividends | Buybacks |
|---|---|---|---|
| Dec 2023 | $242M | — | $233M |
| Mar 2024 | $379M | — | $4.0M |
| Jun 2024 | $439M | — | $352M |
| Sep 2024 | $496M | — | $250M |
| Dec 2024 | $1.1B | — | $256M |
| Mar 2025 | $727M | — | $749M |
| Jun 2025 | $1.7B | — | $478M |
| Sep 2025 | $1.9B | — | $89M |
| Dec 2025 | $2.4B | — | $0 |
| Mar 2026 | $2.6B | — | $221M |
| Jun 2026 | $1.6B | — | $0 |
| Sep 2026 | $554M | — | $0 |
Advanced Micro Devices had 1.66B diluted shares in the quarter ended Sep 2026, 1.2% more than a year earlier, and 5.4% more each year on average since Sep 2020. It spent $221M on buybacks over the last four quarters. Over the last four quarters its earnings per share rose 127.7% and its net income rose 130.5%: more shares took about 3 points off.
Show the data
| Quarter ended | Diluted shares |
|---|---|
| Sep 2020 | 1.22B |
| Dec 2020 | 1.23B |
| Mar 2021 | 1.23B |
| Jun 2021 | 1.23B |
| Sep 2021 | 1.23B |
| Mar 2022 | 1.41B |
| Jun 2022 | 1.63B |
| Sep 2022 | 1.62B |
| Mar 2023 | 1.61B |
| Jun 2023 | 1.63B |
| Sep 2023 | 1.63B |
| Mar 2024 | 1.64B |
| Jun 2024 | 1.64B |
| Sep 2024 | 1.64B |
| Mar 2025 | 1.63B |
| Jun 2025 | 1.63B |
| Sep 2025 | 1.64B |
| Mar 2026 | 1.65B |
| Jun 2026 | 1.66B |
| Sep 2026 | 1.66B |
Free cash flow: operating cash flow minus capital spending on property, plant and equipment, from SEC filings, for the last 4 quarters and by quarter. Shares: each quarter's diluted weighted average as filed with the SEC, since the stock's listing and its latest split.
Financial health
Current ratio 2.9, no pressure to repay short-term debt; debt-to-equity 0.1, debt is very low and the balance sheet is solid.
Assets that can be turned into cash soon are 2.9x what is owed within a year. 1.5 or higher is comfortable; below 1 needs watching.
For every $1 of shareholder funds, there is $0.1 of debt (leases not counted). The higher the number, the more pressure when the economy weakens.
Cash and short-term investments of $10.6B against debt of $3.2B. Lease obligations of $625M are not counted: they are rent owed, not money borrowed.
Latest fiscal year balance sheet. Source: Yahoo Finance.
Who holds it
8 portfolios Hunch tracks hold AMD: 1 member of Congress and 7 funds. It is 27.0% of CloudAlpha Capital Management Limited/Hong Kong's portfolio (12.4% as filed).
FundCloudAlpha Capital Management Limited/Hong KongAMD is 27% of this portfolio+102.6%
FundDragoneer Investment GroupAMD is 25% of this portfolio+179.6%
FundLight Street Capital ManagementAMD is 19% of this portfolio+117.6%
FundWhale Rock Capital ManagementAMD is 19% of this portfolio+34.9%
FundMaverick CapitalAMD is 15% of this portfolio+50.8%
FundNan Shan Life InsuranceAMD is 11% of this portfolio+29.2%
2 more portfolios hold AMD
- Thomas SuozziCongress · 10.2% (8.5% as filed)
- Mirae Asset Global InvestmentsFund · 6.1% (2.3% as filed)
AMD's weight in each portfolio is its target weight in the copy Hunch follows: the stocks of the latest filing that the app can trade, their weights scaled up to add to 100%. “As filed” is its weight in the filing itself: a fund’s latest 13F, or a member of Congress’s holdings from the last annual report and the trades disclosed since, each at the low end of its range. Returns are backtests based on public filings, not actual trading results. Photo credits
What did the funds Hunch tracks do?
Of the 83 funds whose 13F filings Hunch reads, 29 held AMD at the end of their latest quarter (for most, Q2 2026). Over that quarter 12 added shares, 10 cut, 6 bought new, 2 sold all and 1 held the same. The largest of them is Norges Bank, 23.36M shares worth $13.6B at Jun 30, 2026, 1.5% more than at Dec 31, 2025.
6 of them new holders
2 of them sold all
Show every fund
| Fund | Quarter | Shares | Value | Change in shares | Change | Filed |
|---|---|---|---|---|---|---|
| Norges Bank | Q2 2026 vs Q4 2025 | 23.36M | $13.6B | +344,210 | +1.5% | Aug 12, 2026 |
| Swiss National Bank | Q3 2026 | 4.46M | $2.7B | −138,600 | −3.0% | Nov 12, 2026 |
| Canada Pension Plan Investment Board | Q2 2026 | 4.41M | $2.6B | +967,533 | +28% | Aug 14, 2026 |
| National Pension Service | Q3 2026 | 3.63M | $2.2B | +24,445 | +0.7% | Nov 12, 2026 |
| Mirae Asset Global Investments | Q3 2026 | 2.12M | $1.3B | +108,058 | +5.4% | Nov 3, 2026 |
| Renaissance Technologies | Q3 2026 | 2.00M | $1.2B | +1.17M | +140% | Nov 12, 2026 |
| Nomura Holdings | Q2 2026 | 1.79M | $1.0B | +602,381 | +51% | Aug 14, 2026 |
| Whale Rock Capital Management | Q2 2026 | 1.51M | $877M | +1.44M | +2081% | Aug 14, 2026 |
| ARK Investment Management | Q2 2026 | 1.42M | $823M | −1.30M | −48% | Aug 14, 2026 |
| Korea Investment | Q2 2026 | 1.16M | $672M | −43,476 | −3.6% | Aug 12, 2026 |
| Maverick Capital | Q2 2026 | 976,326 | $567M | +299,754 | +44% | Aug 14, 2026 |
| Dragoneer Investment Group | Q2 2026 | 943,987 | $548M | +943,987 | New | Aug 14, 2026 |
| Tiger Global Management | Q2 2026 | 674,727 | $392M | +674,727 | New | Aug 14, 2026 |
| Fisher Asset Management | Q3 2026 | 604,283 | $370M | +13,500 | +2.3% | Nov 6, 2026 |
| Bridgewater Associates | Q2 2026 | 538,632 | $313M | −754,135 | −58% | Aug 14, 2026 |
| Glenview Capital Management | Q2 2026 | 298,410 | $173M | −352,382 | −54% | Aug 14, 2026 |
| Nan Shan Life Insurance | Q2 2026 | 220,170 | $128M | +204,315 | +1289% | Aug 14, 2026 |
| CloudAlpha Capital Management Limited/Hong Kong | Q3 2026 | 199,073 | $122M | −26,580 | −12% | Nov 9, 2026 |
| Appaloosa | Q2 2026 | 197,500 | $115M | −23,900 | −11% | Aug 14, 2026 |
| Tudor Investment Corp Et Al | Q2 2026 | 140,070 | $81.4M | −395,526 | −74% | Aug 14, 2026 |
| Soma Equity Partners | Q2 2026 | 0 | — | −388,715 | Sold all | Aug 14, 2026 |
| Light Street Capital Management | Q2 2026 | 109,500 | $63.6M | −109,751 | −50% | Aug 14, 2026 |
| Oriental Harbor Investment Master Fund | Q3 2026 | 91,594 | $56.0M | −159,843 | −64% | Oct 22, 2026 |
| Coatue Management | Q2 2026 | 95,987 | $55.8M | +95,987 | New | Aug 14, 2026 |
| Duquesne Family Office | Q2 2026 | 72,900 | $42.3M | +72,900 | New | Aug 14, 2026 |
| Soros Fund Management | Q2 2026 | 50,757 | $29.5M | +16,112 | +47% | Aug 14, 2026 |
| Temasek Holdings (Private) | Q3 2026 | 38,651 | $23.6M | +13,549 | +54% | Oct 28, 2026 |
| Situational Awareness | Q2 2026 | 0 | — | −99,138 | Sold all | Aug 14, 2026 |
| Harris Associates L P | Q2 2026 | 875 | $508K | +875 | New | Aug 14, 2026 |
| Polen Capital Management | Q2 2026 | 417 | $242K | +417 | New | Aug 4, 2026 |
| Baillie Gifford & | Q3 2026 | 82 | $50K | 0 | 0.0% | Nov 9, 2026 |
From the 13F filings of the 83 funds Hunch tracks, not of every institution: each fund's shares of AMD at its latest quarter end against the quarter before, as filed (long positions only, options left out), the quarter before put on the latest quarter's share count across a split. A fund files 45 days after its quarter ends, so some have a newer quarter than others. Value is at the quarter end. Norges Bank filed its 13F for Q1 2026 confidentially, with no holdings made public, so its row compares Q2 2026 with Q4 2025.
Are insiders buying or selling?
Officers and directors sold $378M of AMD on the open market in the 12 months to Nov 10, 2026; none bought. 93% of the sales were made under 10b5-1 plans, set up in advance. The largest was Lisa T Su (Chair, President & CEO; director), who sold $239M in 113 sales.
221 sales
0 purchases
Share of the sales' value
Show every trade
| Date | Insider | Role | Trade | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|---|
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 816 | $535.15 | $437K | Oct 19, 2026 |
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 823 | $536.11 | $441K | Oct 19, 2026 |
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 476 | $537.39 | $256K | Oct 19, 2026 |
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,208 | $538.24 | $650K | Oct 19, 2026 |
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 917 | $539.35 | $495K | Oct 19, 2026 |
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,969 | $540.31 | $1.1M | Oct 19, 2026 |
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 4,699 | $541.16 | $2.5M | Oct 19, 2026 |
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 2,218 | $542.09 | $1.2M | Oct 19, 2026 |
| Oct 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 4,136 | $543.03 | $2.2M | Oct 19, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 757 | $498.30 | $377K | Sep 17, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 100 | $498.98 | $50K | Sep 17, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,017 | $500.67 | $509K | Sep 17, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,655 | $501.70 | $830K | Sep 17, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 5,878 | $502.45 | $3.0M | Sep 17, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 4,604 | $504.00 | $2.3M | Sep 17, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 2,225 | $505.12 | $1.1M | Sep 17, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 726 | $505.90 | $367K | Sep 17, 2026 |
| Sep 15, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 299 | $506.88 | $152K | Sep 17, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,896 | $503.74 | $3.0M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 13,123 | $504.75 | $6.6M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 12,982 | $505.63 | $6.6M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 10,524 | $506.62 | $5.3M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 8,070 | $507.71 | $4.1M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 7,962 | $508.78 | $4.1M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 8,343 | $509.71 | $4.3M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,100 | $510.74 | $1.1M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 300 | $511.39 | $153K | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 200 | $512.47 | $102K | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 400 | $514.05 | $206K | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 100 | $515.55 | $52K | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,106 | $503.72 | $1.1M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 4,600 | $504.76 | $2.3M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 4,400 | $505.57 | $2.2M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 4,200 | $506.60 | $2.1M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,288 | $507.75 | $1.7M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,106 | $508.90 | $1.1M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,500 | $509.74 | $1.8M | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 500 | $510.94 | $255K | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 100 | $512.59 | $51K | Sep 14, 2026 |
| Sep 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 200 | $513.72 | $103K | Sep 14, 2026 |
| Aug 25, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 900 | $470.13 | $423K | Aug 27, 2026 |
| Aug 25, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 800 | $471.14 | $377K | Aug 27, 2026 |
| Aug 25, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 2,513 | $472.39 | $1.2M | Aug 27, 2026 |
| Aug 25, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 2,327 | $473.43 | $1.1M | Aug 27, 2026 |
| Aug 25, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 3,831 | $474.43 | $1.8M | Aug 27, 2026 |
| Aug 25, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 1,429 | $475.70 | $680K | Aug 27, 2026 |
| Aug 25, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 3,100 | $476.53 | $1.5M | Aug 27, 2026 |
| Aug 25, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 100 | $477.84 | $48K | Aug 27, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 942 | $453.26 | $427K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,182 | $454.18 | $537K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 2,125 | $455.62 | $968K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 2,312 | $456.49 | $1.1M | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,904 | $457.44 | $871K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 400 | $458.26 | $183K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,630 | $459.68 | $749K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,500 | $460.64 | $691K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 301 | $462.59 | $139K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 321 | $464.27 | $149K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 1,455 | $465.43 | $677K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 600 | $466.26 | $280K | Aug 26, 2026 |
| Aug 24, 2026 | Forrest Eugene Norrod | EVP & GM DSG | Sale (10b5-1 plan) | 2,589 | $468.14 | $1.2M | Aug 26, 2026 |
| Aug 20, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 6,181 | $466.60 | $2.9M | Aug 21, 2026 |
| Aug 20, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 664 | $467.88 | $311K | Aug 21, 2026 |
| Aug 20, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 400 | $469.85 | $188K | Aug 21, 2026 |
| Aug 20, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 2,326 | $471.44 | $1.1M | Aug 21, 2026 |
| Aug 20, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 2,600 | $472.36 | $1.2M | Aug 21, 2026 |
| Aug 20, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 6,667 | $473.47 | $3.2M | Aug 21, 2026 |
| Aug 20, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 9,523 | $474.35 | $4.5M | Aug 21, 2026 |
| Aug 20, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 450 | $475.19 | $214K | Aug 21, 2026 |
| Aug 18, 2026 | Ava Hahn | SVP, GC & Corporate Secretary | Sale (10b5-1 plan) | 2,993 | $488.69 | $1.5M | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 700 | $475.90 | $333K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,100 | $477.35 | $525K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,500 | $478.41 | $1.2M | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,201 | $479.45 | $1.5M | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,900 | $480.36 | $913K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,500 | $481.42 | $722K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 800 | $482.31 | $386K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 900 | $483.60 | $435K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 499 | $484.71 | $242K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 700 | $485.94 | $340K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 196 | $487.38 | $96K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 504 | $489.03 | $246K | Aug 20, 2026 |
| Aug 18, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 500 | $490.36 | $245K | Aug 20, 2026 |
| Aug 17, 2026 | Paul Darren Grasby | EVP & CSO | Sale | 15,000 | $514.91 | $7.7M | Aug 18, 2026 |
| Aug 14, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 7,369 | $487.34 | $3.6M | Aug 18, 2026 |
| Aug 11, 2026 | Ava Hahn | SVP, GC & Corporate Secretary | Sale (10b5-1 plan) | 143 | $474.75 | $68K | Aug 13, 2026 |
| Jul 15, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 6,000 | $556.43 | $3.3M | Jul 17, 2026 |
| Jun 15, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 6,000 | $536.33 | $3.2M | Jun 17, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,720 | $449.21 | $1.2M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 700 | $450.40 | $315K | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 4,400 | $451.53 | $2.0M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 12,862 | $452.40 | $5.8M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 14,458 | $453.45 | $6.6M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 9,392 | $454.43 | $4.3M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 7,390 | $455.40 | $3.4M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 6,638 | $456.38 | $3.0M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 7,351 | $457.42 | $3.4M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,700 | $458.45 | $2.6M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,891 | $459.41 | $1.3M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,700 | $460.45 | $783K | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 900 | $461.67 | $416K | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,900 | $462.81 | $879K | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 400 | $464.10 | $186K | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,100 | $465.38 | $512K | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,337 | $466.31 | $1.6M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,679 | $467.48 | $1.7M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,002 | $468.61 | $2.3M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 6,814 | $469.55 | $3.2M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 7,426 | $470.60 | $3.5M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,376 | $471.52 | $2.5M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,509 | $472.57 | $1.7M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,700 | $473.61 | $1.8M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,855 | $474.53 | $1.8M | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,300 | $475.48 | $618K | Jun 12, 2026 |
| Jun 10, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 500 | $476.43 | $238K | Jun 12, 2026 |
| Jun 2, 2026 | Nora Denzel | Director | Sale | 8,626 | $522.00 | $4.5M | Jun 2, 2026 |
| May 29, 2026 | Nora Denzel | Director | Sale | 1,821 | $522.00 | $951K | Jun 2, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 516 | $427.80 | $221K | May 22, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 1,975 | $428.45 | $846K | May 22, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 2,667 | $429.45 | $1.1M | May 22, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 5,032 | $430.68 | $2.2M | May 22, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 3,287 | $431.56 | $1.4M | May 22, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 2,274 | $432.78 | $984K | May 22, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 1,284 | $433.75 | $557K | May 22, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 1,562 | $435.18 | $680K | May 22, 2026 |
| May 20, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 890 | $435.91 | $388K | May 22, 2026 |
| May 15, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 6,000 | $433.79 | $2.6M | May 19, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 800 | $433.26 | $347K | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,810 | $434.68 | $787K | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,881 | $435.97 | $1.3M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,270 | $436.89 | $1.4M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,300 | $438.16 | $2.3M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,897 | $439.16 | $2.6M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,085 | $440.06 | $2.2M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 4,081 | $440.96 | $1.8M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,450 | $442.16 | $641K | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,400 | $443.25 | $1.1M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,716 | $444.43 | $2.5M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 15,050 | $445.27 | $6.7M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 11,980 | $446.33 | $5.3M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 11,167 | $447.30 | $5.0M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 20,776 | $448.29 | $9.3M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 8,782 | $449.41 | $3.9M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 10,274 | $450.51 | $4.6M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 5,872 | $451.15 | $2.6M | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 809 | $452.46 | $366K | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 700 | $453.60 | $318K | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 300 | $454.51 | $136K | May 15, 2026 |
| May 13, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 600 | $457.41 | $274K | May 15, 2026 |
| May 8, 2026 | Paul Darren Grasby | EVP & CSO | Sale | 24,376 | $444.39 | $10.8M | May 12, 2026 |
| Apr 24, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 31,320 | $350.00 | $11.0M | Apr 28, 2026 |
| Apr 16, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 27,109 | $275.00 | $7.5M | Apr 17, 2026 |
| Apr 15, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 6,000 | $255.54 | $1.5M | Apr 17, 2026 |
| Apr 6, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 3,293 | $225.00 | $741K | Apr 8, 2026 |
| Mar 12, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 16,228 | $197.42 | $3.2M | Mar 16, 2026 |
| Mar 12, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 35,587 | $198.20 | $7.1M | Mar 16, 2026 |
| Mar 12, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 18,279 | $199.15 | $3.6M | Mar 16, 2026 |
| Mar 12, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 6,303 | $199.98 | $1.3M | Mar 16, 2026 |
| Mar 12, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 4,100 | $201.13 | $825K | Mar 16, 2026 |
| Mar 12, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,003 | $202.46 | $608K | Mar 16, 2026 |
| Mar 12, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,500 | $203.15 | $305K | Mar 16, 2026 |
| Mar 11, 2026 | Paul Darren Grasby | EVP & CSO | Sale | 7,500 | $204.87 | $1.5M | Mar 13, 2026 |
| Mar 4, 2026 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 3,034 | $200.00 | $607K | Mar 6, 2026 |
| Feb 18, 2026 | Ava Hahn | SVP, GC & Corporate Secretary | Sale (10b5-1 plan) | 286 | $198.65 | $57K | Feb 20, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 690 | $196.78 | $136K | Feb 18, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 2,355 | $197.73 | $466K | Feb 18, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 1,513 | $198.73 | $301K | Feb 18, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 1,431 | $200.36 | $287K | Feb 18, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 3,564 | $201.41 | $718K | Feb 18, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 4,254 | $202.35 | $861K | Feb 18, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 2,134 | $203.49 | $434K | Feb 18, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 3,215 | $204.60 | $658K | Feb 18, 2026 |
| Feb 17, 2026 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 800 | $205.12 | $164K | Feb 18, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 7,949 | $210.18 | $1.7M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 16,366 | $211.06 | $3.5M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 11,630 | $212.02 | $2.5M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 19,103 | $213.08 | $4.1M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 12,033 | $213.86 | $2.6M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 6,856 | $215.03 | $1.5M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 14,565 | $216.17 | $3.1M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 14,005 | $216.89 | $3.0M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 20,988 | $217.75 | $4.6M | Feb 13, 2026 |
| Feb 11, 2026 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,505 | $219.18 | $330K | Feb 13, 2026 |
| Feb 11, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 4,141 | $215.12 | $891K | Feb 13, 2026 |
| Feb 11, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 3,607 | $216.22 | $780K | Feb 13, 2026 |
| Feb 11, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 11,602 | $217.59 | $2.5M | Feb 13, 2026 |
| Feb 11, 2026 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 100 | $217.72 | $22K | Feb 13, 2026 |
| Jan 16, 2026 | Ava Hahn | SVP, GC & Corporate Secretary | Sale (10b5-1 plan) | 2,442 | $234.42 | $572K | Jan 20, 2026 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 2,100 | $210.79 | $443K | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 23,205 | $212.06 | $4.9M | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 29,101 | $212.83 | $6.2M | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 12,019 | $213.82 | $2.6M | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 14,892 | $214.72 | $3.2M | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 6,700 | $215.80 | $1.4M | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 6,877 | $216.63 | $1.5M | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 1,701 | $217.66 | $370K | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 3,901 | $218.82 | $854K | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 8,201 | $220.12 | $1.8M | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 15,991 | $220.97 | $3.5M | Dec 12, 2025 |
| Dec 11, 2025 | Lisa T Su | Chair, President & CEO; director | Sale (10b5-1 plan) | 312 | $221.47 | $69K | Dec 12, 2025 |
| Dec 4, 2025 | Paul Darren Grasby | EVP & CSO | Sale | 10,000 | $218.77 | $2.2M | Dec 8, 2025 |
| Nov 24, 2025 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 1,250 | $206.57 | $258K | Nov 26, 2025 |
| Nov 24, 2025 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 1,344 | $207.34 | $279K | Nov 26, 2025 |
| Nov 24, 2025 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 1,415 | $208.91 | $296K | Nov 26, 2025 |
| Nov 24, 2025 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 4,898 | $210.06 | $1.0M | Nov 26, 2025 |
| Nov 24, 2025 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 3,273 | $211.13 | $691K | Nov 26, 2025 |
| Nov 24, 2025 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 1,900 | $211.97 | $403K | Nov 26, 2025 |
| Nov 24, 2025 | Jean X. Hu | EVP, CFO and Treasurer | Sale (10b5-1 plan) | 426 | $212.70 | $91K | Nov 26, 2025 |
| Nov 19, 2025 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 3,300 | $228.36 | $754K | Nov 21, 2025 |
| Nov 19, 2025 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 10,188 | $229.21 | $2.3M | Nov 21, 2025 |
| Nov 19, 2025 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 5,142 | $230.12 | $1.2M | Nov 21, 2025 |
| Nov 19, 2025 | Forrest Eugene Norrod | EVP & GM DESG | Sale (10b5-1 plan) | 820 | $230.78 | $189K | Nov 21, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 1,876 | $235.87 | $442K | Nov 18, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 1,100 | $236.48 | $260K | Nov 18, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 600 | $238.00 | $143K | Nov 18, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 1,700 | $238.86 | $406K | Nov 18, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 5,277 | $240.13 | $1.3M | Nov 18, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 1,848 | $240.92 | $445K | Nov 18, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 2,100 | $242.39 | $509K | Nov 18, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 1,600 | $243.35 | $389K | Nov 18, 2025 |
| Nov 14, 2025 | Mark D Papermaster | Chief Technology Officer & EVP | Sale (10b5-1 plan) | 1,007 | $243.98 | $246K | Nov 18, 2025 |
From the Form 4s filed with the SEC about Advanced Micro Devices, Inc. (74 in the 12 months): purchases (code P) and sales (code S) on the open market by its officers and directors, at the price each filing gives (often an average of the day's trades). A sale is a 10b5-1 sale when its filing says it was made under such a plan, set up in advance. Not counted: 94 other transactions (option exercises, shares withheld for tax, gifts and other transfers).
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