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Why Advanced Micro Devices (AMD) Stock Is Down Today

Investivoq PriceTracker

Advanced Micro Devices (AMD) is down 4.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a broad semiconductor sell-off rather than a new AMD-specific negative development. This could be because investors are rotating out of high-valuation chip names as Treasury yields and oil prices rise, which can pressure growth-stock multiples and sentiment across the AI trade.

Details:

  • AMD does not appear to have released a fresh negative company announcement today; its latest investor relations update was a scheduling notice for third-quarter 2026 results on November 3, 2026.
  • Recent trading weakness has extended across chip stocks, with the semiconductor group declining alongside AMD, suggesting macro and sector pressure instead of an isolated company issue.
  • Higher bond yields and rising energy prices have added pressure to technology valuations, particularly in AI-related names that had already rallied strongly.
  • Recent analyst actions were broadly supportive, including price-target increases earlier this week, which makes a company-specific downgrade or adverse revision a less obvious explanation for today’s move.

    • Sources:

    AMD Investor Relations, Associated Press, TipRanks

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $AMD Insider Trading Activity

    AMD Insider Trades

    $AMD insiders have traded $AMD stock on the open market 141 times in the past 6 months. Of those trades, 0 have been purchases and 141 have been sales.

    Here’s a breakdown of recent trading of $AMD stock by insiders over the last 6 months:

    • LISA T SU (Chair, President & CEO) has made 0 purchases and 84 sales selling 360,000 shares for an estimated $168,633,807.
    • MARK D PAPERMASTER (Chief Technology Officer & EVP) has made 0 purchases and 13 sales selling 105,240 shares for an estimated $40,101,842.
    • FORREST EUGENE NORROD (EVP & GM DSG) has made 0 purchases and 31 sales selling 54,009 shares for an estimated $25,029,098.
    • PAUL DARREN GRASBY (EVP & CSO) sold 15,000 shares for an estimated $7,723,649
    • JEAN X. HU (EVP, CFO and Treasurer) has made 0 purchases and 8 sales selling 15,000 shares for an estimated $7,111,160.
    • NORA DENZEL has made 0 purchases and 2 sales selling 10,447 shares for an estimated $5,453,334.
    • AVA HAHN (SVP, GC & Corporate Secretary) has made 0 purchases and 2 sales selling 3,136 shares for an estimated $1,530,538.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $AMD Hedge Fund Activity

    We have seen 2,200 institutional investors add shares of $AMD stock to their portfolio, and 1,554 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JPMORGAN CHASE & CO added 40,309,233 shares (+inf%) to their portfolio in Q2 2026, for an estimated $23,416,036,542
    • INVESCO LTD. added 36,946,499 shares (+227.7%) to their portfolio in Q2 2026, for an estimated $21,462,590,734
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 12,016,903 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,980,739,121
    • FMR LLC added 10,269,781 shares (+67.2%) to their portfolio in Q2 2026, for an estimated $5,965,818,480
    • PRICE T ROWE ASSOCIATES INC /MD/ added 7,091,788 shares (+24.6%) to their portfolio in Q2 2026, for an estimated $4,119,690,567
    • FRANKLIN RESOURCES INC added 4,782,691 shares (+111.0%) to their portfolio in Q2 2026, for an estimated $2,778,313,028
    • BLACKROCK, INC. added 4,727,226 shares (+3.2%) to their portfolio in Q2 2026, for an estimated $2,746,092,855

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $AMD Congressional Stock Trading

    Members of Congress have traded $AMD stock 11 times in the past 6 months. Of those trades, 9 have been purchases and 2 have been sales.

    Here’s a breakdown of recent trading of $AMD stock by members of Congress over the last 6 months:

    • REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 6 times. They made 5 purchases worth up to $110,000 on 07/17, 06/05, 05/15, 05/14, 04/14 and 1 sale worth up to $15,000 on 08/18.
    • REPRESENTATIVE RICK W. ALLEN purchased up to $15,000 on 07/14.
    • REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 07/10.
    • REPRESENTATIVE JOSH GOTTHEIMER has traded it 3 times. They made 3 purchases worth up to $45,000 on 05/05, 04/27, 04/23 and 0 sales.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

    $AMD Analyst Ratings

    Wall Street analysts have issued reports on $AMD in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Goldman Sachs issued a "Buy" rating on 05/06/2026

    To track analyst ratings and price targets for $AMD, check out Investivoq's $AMD forecast page.

    $AMD Price Targets

    Multiple analysts have issued price targets for $AMD recently. We have seen 26 analysts offer price targets for $AMD in the last 6 months, with a median target of $495.0.

    Here are some recent targets:

    • James Schneider from Goldman Sachs set a target price of $640.0 on 07/06/2026
    • Aaron Rakers from Wells Fargo set a target price of $615.0 on 06/30/2026
    • C.J. Muse from Cantor Fitzgerald set a target price of $700.0 on 06/29/2026
    • Timothy Arcuri from UBS set a target price of $670.0 on 06/24/2026
    • Atif Malik from Citigroup set a target price of $575.0 on 06/12/2026
    • Vivek Arya from B of A Securities set a target price of $560.0 on 06/11/2026
    • Vijay Rakesh from Mizuho set a target price of $615.0 on 06/01/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.