Category: Markets
Published: 2026-07-02T09:24:03.000Z
SMART Wealth LLC significantly reduced its stake in Advanced Micro Devices (AMD) by selling 8,552 shares in Q1, cutting its holdings by 87.9% to 1,181 shares valued at $240,000. Despite this, AMD reported strong quarterly results with EPS of $1.37 and revenue of $10.25 billion, exceeding analyst expectations. The article also notes continued bullish sentiment from analysts due to AI and data center demand, alongside recent insider selling and profit-taking in the stock.
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