Advanced Micro Devices, Inc. $AMD is UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's 8th Largest Position
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UBS Asset Management Americas LLC reduced its stake in Advanced Micro Devices (NASDAQ:AMD) by 8.6% in Q2, making AMD its 8th largest position. Despite this reduction, other institutional investors increased their holdings, with hedge funds and institutional investors owning 71.34% of the company. AMD reported strong earnings, beating analyst estimates, and analysts maintain a "Moderate Buy" rating with a consensus target price of $553.72.
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