Wall St futures flat amid US-China trade jitters; bank earnings in focus
Ava Hahn, SVP, GC & Corporate Secretary at Advanced Micro Devices (NASDAQ:AMD), sold 2,868 shares of common stock on October 6, 2025, at a price of $226.01, for a total value of $648,196.
Following the transaction, Hahn directly owns 9,033 shares of Advanced Micro Devices. The sale was executed under a Rule 10b5-1 trading plan adopted on June 2, 2025. According to InvestingPro analysis, AMD’s stock is currently showing signs of being overbought, with technical indicators suggesting elevated valuations. For deeper insights into insider trading patterns and 20+ additional exclusive ProTips, explore the comprehensive AMD Pro Research Report on InvestingPro.
In other recent news, AMD has announced a strategic partnership with OpenAI, which could potentially generate over $100 billion in incremental AI revenue. This multi-year agreement involves deploying 6 gigawatts of AMD GPUs, with the first 1 gigawatt deployment scheduled for the second half of 2026. Following this announcement, several analyst firms have adjusted their price targets for AMD. Piper Sandler raised its price target to $240, maintaining an Overweight rating, while Bernstein increased its target to $200, holding a Market Perform rating. Baird also increased its price target to $240, citing the competitive potential of AMD’s upcoming Mi450 AI accelerator chips. Despite the partnership, Goldman Sachs maintained its Neutral rating and a $210 price target. The deal includes AMD granting OpenAI warrants for up to 160 million shares, which will vest in tranches as infrastructure ships.
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