Broader Bullish Analyst Sentiment on Advanced Micro Devices (AMD) Amid Cathie Wood’s Stake Cut

Advanced Micro Devices, Inc. (NASDAQ:AMD) earns a spot on our list of the 8 Best AI Infrastructure Stocks to Invest in.

A semiconductor. Photo by Tima Miroshnichenko on Pexels

As of March 30, 2026, 80% of covering analysts remain positive toward Advanced Micro Devices, Inc. (NASDAQ:AMD), with a consensus price target of $300.00, suggesting a 48.52% upside.

On March 26, 2026, Cathie Wood’s $7.8 million sale of 38,245 AMD shares was reported by Tipranks. The disposal was followed by the stock’s 7.5% decline. The development comes as concerns regarding the credibility of the company’s demand narrative persist.

On March 24, 2026, Stacy Rasgon of Bernstein cautioned investors, advising them to wait to see whether demand for Advanced Micro Devices, Inc. (NASDAQ:AMD) is driven by true product pull rather than supply constraints elsewhere. On March 5, 2026, he adopted a similar view, citing competitive pressure as Arm transitioned to agentic AI chips. The firm assigned a “Hold” rating and $235 price target on the stock.

However, on March 15, 2026, RBC Capital maintained a “Sector Perform” rating and a $230 price target on Advanced Micro Devices, Inc. (NASDAQ:AMD), citing management’s belief that OpenAI and Meta volume ramps should increase in H2 2026 and that MI450/Helios is still on track.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company specializing in high-performance computing and graphics solutions. Its broad product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for data centers, gaming, and embedded systems.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.