Stocks·NASDAQ:AMD
AMD (AMD)
My take
No average analyst target in this video.
Every video where I mention AMD
- AMD Stock at $520? The $17 Billion Guide Explained Nov 4, 2026
AMD closed Tuesday at about $484 a share, and by about 6 o'clock eastern…
- VOO Is 21% Nvidia, Apple and Microsoft. Is It Secretly an AI Bet? Oct 31, 2026 · at 1:27
Alphabet, Broadcom, Meta, Micron, and AMD all have a story right now that runs…
- Anthropic Just Filed for Its IPO—How Big Is the Opportunity? Oct 27, 2026 · at 6:31
and Anthropic also describes Nscale, lambda, AMD, and additional TPU capacity…
- Wall Street Says This $2 AI Power Stock Is Worth $16. I Checked Who Said It. (FRMI) (Fermi Stock) Oct 23, 2026 · at 2:24
it. And earlier this month, the chip giant AMD signed a credit support…
- Is NVDA Stock an URGENT BUY After the 4:1 Stock Split? (NVIDIA Stock Valuation) Jul 20, 2021 · at 8:34
it is also worth noting that nvidia a competitor to amd…
- NVIDIA Stock Analysis (NVDA)- The Best Artificial Intelligence Stock? May 18, 2020 · at 4:13
that NVIDIA faces from competitors like AMD and Intel number two Nvidia is a…
The last 12 months
- Nov 4, 202610-QQuarterly report
- Nov 4, 2026VideoMy video: AMD Stock at $520? The $17 Billion Guide Explained
- Nov 3, 20268-KReleased quarterly results; Shared information with investors
- Sep 28, 20268-KSold shares without SEC registration
- Aug 19, 20268-KExecutive or board change
- Aug 17, 20268-KSigned a major agreement; Took on new debt
- Aug 14, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Aug 13, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Aug 13, 2026S-3ASRAutomatic shelf registration: can sell stock or debt later
- Aug 5, 202610-QQuarterly report
- Aug 4, 20268-KReleased quarterly results; Shared information with investors
- Jul 1, 20268-KExecutive or board change
- May 15, 2026S-8Registered shares for employee stock plans
- May 15, 20268-KSigned a major agreement; Ended a major agreement; Took on new debt; Executive or board change; Shareholder vote results
Show the numbers
| Revenue by year | |
|---|---|
| 2016 | $4.32B |
| 2017 | $5.25B |
| 2018 | $6.47B |
| 2019 | $6.73B |
| 2020 | $9.76B |
| 2021 | $16.4B |
| 2022 | $23.6B |
| 2023 | $22.7B |
| 2024 | $25.8B |
| 2025 | $34.6B |
Show the numbers
| Revenue by quarter | |
|---|---|
| Q4 23 | $6.17B |
| Q1 24 | $5.47B |
| Q2 24 | $5.83B |
| Q3 24 | $6.82B |
| Q4 24 | $7.66B |
| Q1 25 | $7.44B |
| Q2 25 | $7.68B |
| Q3 25 | $9.25B |
| Q4 25 | $10.3B |
| Q1 26 | $10.3B |
| Q2 26 | $11.5B |
| Q3 26 | $13.4B |
Show the numbers
| Operating income (loss) by year | |
|---|---|
| 2016 | -$373M |
| 2017 | $127M |
| 2018 | $451M |
| 2019 | $631M |
| 2020 | $1.37B |
| 2021 | $3.65B |
| 2022 | $1.26B |
| 2023 | $401M |
| 2024 | $1.90B |
| 2025 | $3.69B |
Show the numbers
| Free cash flow by year | |
|---|---|
| 2016 | $4M |
| 2017 | -$101M |
| 2018 | -$129M |
| 2019 | $276M |
| 2020 | $777M |
| 2021 | $3.22B |
| 2022 | $3.12B |
| 2023 | $1.12B |
| 2024 | $2.40B |
| 2025 | $6.74B |
Cash and short-term investmentsDebt
Show the numbers
| Cash and short-term investments | Debt | |
|---|---|---|
| 2016 | $1.26B | $1.44B |
| 2017 | $1.19B | $1.40B |
| 2018 | $1.16B | $1.25B |
| 2019 | $1.50B | $486M |
| 2020 | $2.29B | $330M |
| 2021 | $3.61B | $1M |
| 2022 | $5.86B | $2.50B |
| 2023 | $5.77B | $2.50B |
| 2024 | $5.13B | $1.75B |
| 2025 | $10.6B | $3.25B |
From the 10-Q filed Nov 4, 2026. Source.
Stock-based pay to employeesSpent buying back shares
Show the numbers
| Stock-based pay to employees | Spent buying back shares | |
|---|---|---|
| 2020 | $274M | $0 |
| 2021 | $379M | $1.76B |
| 2022 | $1.08B | $3.70B |
| 2023 | $1.38B | $985M |
| 2024 | $1.41B | $862M |
| 2025 | $1.64B | $1.32B |
If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.
Show the numbers
| Backlog (remaining performance obligations) | |
|---|---|
| Q4 23 | $137M |
| Q1 24 | $113M |
| Q2 24 | $76M |
| Q3 24 | $86M |
| Q4 24 | $85M |
| Q1 25 | $74M |
| Q2 25 | $218M |
| Q3 25 | $279M |
| Q4 25 | $315M |
| Q1 26 | $264M |
| Q2 26 | $222M |
| Q3 26 | $246M |
Compare AMD with other stocks →
From the company's own SEC filings via SEC EDGAR, latest period ended Sep 26, 2026. Numbers can be restated later. Not investment advice.
Dilution
Show the numbers
| Shares outstanding | |
|---|---|
| Feb 2023 | 1.6B |
| Apr 2023 | 1.6B |
| Jul 2023 | 1.6B |
| Oct 2023 | 1.6B |
| Jan 2024 | 1.6B |
| Apr 2024 | 1.6B |
| Jul 2024 | 1.6B |
| Oct 2024 | 1.6B |
| Jan 2025 | 1.6B |
| May 2025 | 1.6B |
| Jul 2025 | 1.6B |
| Oct 2025 | 1.6B |
| Jan 2026 | 1.6B |
| Apr 2026 | 1.6B |
| Jul 2026 | 1.6B |
| Oct 2026 | 1.6B |
The share count is up +0.7% in a year, so each share is a slightly smaller slice of the company. What dilution means.
Insider trades
Bought or sold on the open market
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Oct 15, 2026 | Forrest Eugene Norrod EVP & GM DSG | Sold on the market (planned) 9 trades that day | 17.3K | $9.33M | Form 4 |
| Sep 15, 2026 | Forrest Eugene Norrod EVP & GM DSG | Sold on the market (planned) 9 trades that day | 17.3K | $8.68M | Form 4 |
| Sep 10, 2026 | Lisa T Su Chair, President & CEO, Director | Sold on the market (planned) 22 trades that day | 95K | $48.1M | Form 4 |
| Aug 25, 2026 | Jean X. Hu EVP, CFO and Treasurer | Sold on the market (planned) 8 trades that day | 15K | $7.11M | Form 4 |
| Aug 24, 2026 | Forrest Eugene Norrod EVP & GM DSG | Sold on the market (planned) 13 trades that day | 17.3K | $7.94M | Form 4 |
| Aug 20, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Sold on the market (planned) 8 trades that day | 28.8K | $13.6M | Form 4 |
| Aug 18, 2026 | Lisa T Su Chair, President & CEO, Director | Sold on the market (planned) 13 trades that day | 15K | $7.21M | Form 4 |
| Aug 18, 2026 | Ava Hahn SVP, GC & Corporate Secretary | Sold on the market (planned) | 3K | $1.46M | Form 4 |
| Aug 17, 2026 | Paul Darren Grasby EVP & CSO | Sold on the market | 15K | $7.72M | Form 4 |
| Aug 14, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Sold on the market (planned) | 7.4K | $3.59M | Form 4 |
| Aug 11, 2026 | Ava Hahn SVP, GC & Corporate Secretary | Sold on the market (planned) | 143 | $67.9K | Form 4 |
| Jul 15, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Sold on the market (planned) | 6K | $3.34M | Form 4 |
| Jun 15, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Sold on the market (planned) | 6K | $3.22M | Form 4 |
| Jun 10, 2026 | Lisa T Su Chair, President & CEO, Director | Sold on the market (planned) 27 trades that day | 125K | $57.6M | Form 4 |
| Jun 2, 2026 | Nora Denzel Director | Sold on the market | 8.6K | $4.50M | Form 4 |
Everything else: grants, option exercises, tax withholding (75)
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Oct 15, 2026 | Forrest Eugene Norrod EVP & GM DSG | Exercised options (planned) | 7.3K | $616K | Form 4 |
| Sep 15, 2026 | Forrest Eugene Norrod EVP & GM DSG | Exercised options (planned) | 7.3K | $616K | Form 4 |
| Sep 10, 2026 | Lisa T Su Chair, President & CEO, Director | Gift (planned) | 35K | n/a | Form 4 |
| Aug 24, 2026 | Forrest Eugene Norrod EVP & GM DSG | Exercised options (planned) | 7.3K | $616K | Form 4 |
| Aug 19, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Gift (planned) | 25.1K | n/a | Form 4 |
| Aug 15, 2026 | Paul Darren Grasby EVP & CSO | Exercised options | 46.2K | n/a | Form 4 |
| Aug 15, 2026 | Paul Darren Grasby EVP & CSO | Shares withheld for taxes 2 trades that day | 21.7K | $11.2M | Form 4 |
| Aug 15, 2026 | Forrest Eugene Norrod EVP & GM DSG | Exercised options | 88.3K | n/a | Form 4 |
| Aug 15, 2026 | Forrest Eugene Norrod EVP & GM DSG | Shares withheld for taxes 2 trades that day | 34.8K | $17.9M | Form 4 |
| Aug 15, 2026 | Lisa T Su Chair, President & CEO, Director | Exercised options | 396K | n/a | Form 4 |
| Aug 15, 2026 | Lisa T Su Chair, President & CEO, Director | Shares withheld for taxes | 156K | $80.2M | Form 4 |
| Aug 15, 2026 | Ava Hahn SVP, GC & Corporate Secretary | Exercised options | 23.7K | n/a | Form 4 |
| Aug 15, 2026 | Ava Hahn SVP, GC & Corporate Secretary | Shares withheld for taxes 2 trades that day | 11.8K | $6.06M | Form 4 |
| Aug 15, 2026 | Philip Guido EVP & Chief Commercial Officer | Exercised options | 81.1K | n/a | Form 4 |
| Aug 15, 2026 | Philip Guido EVP & Chief Commercial Officer | Shares withheld for taxes 2 trades that day | 31.9K | $16.4M | Form 4 |
| Aug 15, 2026 | Jean X. Hu EVP, CFO and Treasurer | Exercised options | 102K | n/a | Form 4 |
| Aug 15, 2026 | Jean X. Hu EVP, CFO and Treasurer | Shares withheld for taxes 2 trades that day | 40K | $20.6M | Form 4 |
| Aug 15, 2026 | Jack M Huynh SVP & GM, Computing & Graphics | Exercised options | 54.7K | n/a | Form 4 |
| Aug 15, 2026 | Jack M Huynh SVP & GM, Computing & Graphics | Shares withheld for taxes 2 trades that day | 21.5K | $11.1M | Form 4 |
| Aug 15, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Exercised options (planned) | 122K | n/a | Form 4 |
| Aug 15, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Shares withheld for taxes (planned) 2 trades that day | 48K | $24.7M | Form 4 |
| Aug 14, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Exercised options (planned) | 7.4K | $625K | Form 4 |
| Aug 13, 2026 | Elizabeth W Vanderslice Director | Gift 2 trades that day | 30K | n/a | Form 4 |
| Aug 9, 2026 | Ava Hahn SVP, GC & Corporate Secretary | Exercised options | 1.1K | n/a | Form 4 |
| Aug 9, 2026 | Ava Hahn SVP, GC & Corporate Secretary | Shares withheld for taxes | 562 | $272K | Form 4 |
| Aug 9, 2026 | Jean X. Hu EVP, CFO and Treasurer | Exercised options | 5.9K | n/a | Form 4 |
| Aug 9, 2026 | Jean X. Hu EVP, CFO and Treasurer | Shares withheld for taxes | 2.3K | $1.12M | Form 4 |
| Aug 9, 2026 | Philip Guido EVP & Chief Commercial Officer | Exercised options | 4.6K | n/a | Form 4 |
| Aug 9, 2026 | Philip Guido EVP & Chief Commercial Officer | Shares withheld for taxes | 1.8K | $873K | Form 4 |
| Aug 9, 2026 | Jack M Huynh SVP & GM, Computing & Graphics | Exercised options | 5.6K | n/a | Form 4 |
| Aug 9, 2026 | Jack M Huynh SVP & GM, Computing & Graphics | Shares withheld for taxes | 2.2K | $1.06M | Form 4 |
| Aug 9, 2026 | Forrest Eugene Norrod EVP & GM DESG | Exercised options | 8.6K | n/a | Form 4 |
| Aug 9, 2026 | Forrest Eugene Norrod EVP & GM DESG | Shares withheld for taxes | 3.4K | $1.64M | Form 4 |
| Aug 9, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Exercised options | 12.6K | n/a | Form 4 |
| Aug 9, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Shares withheld for taxes | 5K | $2.40M | Form 4 |
| Aug 9, 2026 | Lisa T Su Chair, President & CEO, Director | Exercised options | 16.2K | n/a | Form 4 |
| Aug 9, 2026 | Lisa T Su Chair, President & CEO, Director | Shares withheld for taxes | 6.4K | $3.09M | Form 4 |
| Aug 9, 2026 | Paul Darren Grasby EVP & CSO | Exercised options | 5.6K | n/a | Form 4 |
| Aug 9, 2026 | Paul Darren Grasby EVP & CSO | Shares withheld for taxes | 2.7K | $1.28M | Form 4 |
| Jul 15, 2026 | Mark D Papermaster Chief Technology Officer & EVP | Exercised options (planned) | 6K | $509K | Form 4 |
An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.
Famous investors who own it
| Investor | Quarter | Shares | Value | Share of fund | Change |
|---|---|---|---|---|---|
| Cathie Wood (ARK Investment Management) | Q2 26 | 1.4M | $823M | 5.3% | Trimmed (-48%) |
| Chase Coleman (Tiger Global Management) | Q2 26 | 675K | $392M | 1.6% | New position |
| Ray Dalio (founder) (Bridgewater Associates) | Q2 26 | 539K | $313M | 1.3% | Trimmed (-58%) |
| David Tepper (Appaloosa) | Q2 26 | 198K | $115M | 1.5% | Trimmed (-11%) |
| Philippe Laffont (Coatue Management) | Q2 26 | 96K | $55.8M | 0.1% | New position |
| Stanley Druckenmiller (Duquesne Family Office) | Q2 26 | 72.9K | $42.3M | 1% | New position |
| George Soros (Soros Fund Management) | Q2 26 | 50.8K | $29.5M | 0.4% | Added (+47%) |
From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.
Failed trades
Show the numbers
| Failed trades (fails to deliver) | |
|---|---|
| Jul 22 | 155 |
| Jul 23 | 40.4K |
| Jul 24 | 2.8K |
| Aug 4 | 40.4K |
| Aug 6 | 43.6K |
| Aug 10 | 3K |
| Aug 13 | 163K |
| Aug 14 | 1 |
| Aug 17 | 36.1K |
| Aug 18 | 100 |
| Aug 19 | 293 |
| Aug 24 | 10.6K |
| Aug 25 | 91 |
| Aug 26 | 12.6K |
| Aug 27 | 16.2K |
| Sep 1 | 800 |
| Sep 2 | 909 |
| Sep 3 | 3.5K |
| Sep 4 | 10 |
| Sep 8 | 23.2K |
| Sep 9 | 68.6K |
| Sep 10 | 50.7K |
| Sep 11 | 1.6K |
| Sep 14 | 105K |
| Sep 16 | 200 |
| Sep 17 | 600 |
| Sep 18 | 1.1K |
| Sep 21 | 35.1K |
| Sep 22 | 1.1K |
| Sep 23 | 85.2K |
| Sep 24 | 2K |
| Sep 25 | 2.5K |
| Sep 28 | 18.4K |
| Sep 29 | 21 |
| Oct 5 | 320K |
| Oct 6 | 800 |
| Oct 7 | 241 |
| Oct 8 | 97 |
| Oct 9 | 314 |
| Oct 13 | 61 |
From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.
Share offerings
Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.
- Aug 14, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Aug 13, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Aug 13, 2026S-3ASRAutomatic shelf registration: can sell stock or debt later
- May 15, 2026S-8Registered shares for employee stock plans
- Mar 31, 2025S-3ASRAutomatic shelf registration: can sell stock or debt later
- Mar 12, 2025424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Mar 10, 2025424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
What they told the SEC, in plain English
Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.
- Nov 3, 20268-KReleased quarterly results; Shared information with investors
- Sep 28, 20268-KSold shares without SEC registration
- Aug 19, 20268-KExecutive or board change
- Aug 17, 20268-KSigned a major agreement; Took on new debt
- Aug 4, 20268-KReleased quarterly results; Shared information with investors
- Jul 1, 20268-KExecutive or board change
- May 15, 20268-KSigned a major agreement; Ended a major agreement; Took on new debt; Executive or board change; Shareholder vote results
- May 5, 20268-KReleased quarterly results; Shared information with investors
- Apr 29, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Feb 24, 20268-KSigned a major agreement; Sold shares without SEC registration; Shared information with investors
- Feb 17, 20268-KExecutive or board change
- Feb 3, 20268-KReleased quarterly results; Shared information with investors
- Jan 20, 20268-KExecutive or board change
- Dec 15, 20258-KExecutive or board change
- Nov 4, 20258-KReleased quarterly results; Shared information with investors
- Oct 27, 20258-KCompleted buying or selling a business; Shared information with investors
- Oct 6, 20258-KSigned a major agreement; Sold shares without SEC registration; Shared information with investors
- Aug 25, 20258-KExecutive or board change
- Aug 5, 20258-KReleased quarterly results; Shared information with investors
- Jul 2, 20258-KExecutive or board change
- Jun 3, 20258-K/AShareholder vote results
- May 19, 20258-KSigned a major agreement; Shared information with investors
- May 16, 20258-KShareholder vote results
- May 6, 20258-KReleased quarterly results; Shared information with investors
- Apr 16, 20258-KOther news
What changed in the latest annual report
Comparing the risk factors in the 10-K filed Feb 4, 2026 with the one filed Feb 5, 2025: 1 new and 3 removed, out of 43.
New this year
- We may be required to satisfy financial obligations under guarantees and other commercial commitments.
Dropped from last year (3)
- Intel Corporation's dominance of the microprocessor market and its aggressive business practices may limit our ability to compete effectively on a level playing field.
- Nvidia's dominance in the graphics processing unit market and its aggressive business practices may limit our ability to compete effectively on a level playing field.
- Our ability to complete the acquisition of ZT Systems is subject to closing conditions, including the receipt of consents and approvals from government authorities, which may impose conditions that could adversely affect us or cause the acquisition to not be completed.
Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.
Search inside AMD's filings
Opens the SEC's own full-text search in a new tab, limited to AMD. Every AMD filing on EDGAR.