Valued at $188.3 billion by market cap, Advanced Micro Devices, Inc. (AMD) operates as one of the pioneers in the semiconductor industry. The Santa Clara, California-based semiconductor giant focuses on building products that accelerate next-generation computing experiences and operates through Data Center,

Nvidia (NVDA) was the big winner in the AI space during 2024 as it solidified its lead in GPUs, which led to a 185% stock rally. Meanwhile,

Investors with a lot of money to spend have taken a bullish stance on Advanced Micro Devices AMD . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

We recently compiled a list of the 10 Hottest Large-Cap Stocks Right Now. In this article, we are going to take a look at where Advanced Micro Devices Inc. (NASDAQ:AMD) stands against the other large-cap stocks.

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $65.0 to $200.0 for Advanced Micro Devices over the last 3 months. Assessing the volume and open interest is a strategic step in options trading.

Shares of Advanced Micro Devices Inc. AMD shed 4.76% to $116.04 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 1.54% to 5,827.

Fintel reports that on January 10, 2025, Goldman Sachs downgraded their outlook for Advanced Micro Devices (NasdaqGS:AMD) from Buy to Neutral. Analyst Price Forecast Suggests 52.54% Upside As of December 23,