Institutional investors increase holdings in Advanced Micro Devices (AMD)

Gilpin Wealth Management LLC reported a new stake of 1,126 AMD shares worth about $241,000 in its latest 13F filing. AI Squared Management Ltd added 26,000 AMD shares, bringing its total to 37,200 shares valued at roughly $7.97 million, making AMD its third‑largest holding at 9.3% of the portfolio. Both filings, covering the fourth‑quarter period, show a pattern of increased institutional interest in the semiconductor maker alongside other large investors who have recently adjusted their positions.

The filings reflect confidence in AMD’s recent financial performance, including a reported earnings per share of $1.37 and revenue of $10.25 billion for the quarter ending May 5, beating analysts’ expectations. Analysts have also raised price targets and maintained buy ratings, further supporting the recent buying activity.