Generate Investment Management 13F: Cuts AMD Stake by $30M

Generate Investment Management lowered its stake in Advanced Micro Devices, Inc. (NasdaqGS: AMD) during the quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 14, 2026. Because 13F filings are backward-looking, they show holdings as of the end of the reporting period and may not reflect the investor's current position.

What Changed in Generate Investment Management's Advanced Micro Devices Position

Generate Investment Management sold 48,947 shares of the semiconductor maker. That resulted in a 94.7% decrease from its previous holding of 51,671 shares. The firm finished the period with 2,724 shares valued at $1,666,434.

Other Institutional Activity in Advanced Micro Devices

Other large institutional investors made significant moves with their own positions in the chipmaker during the same period. Blackrock Inc. grew its holdings by 4,731,040 shares, ending with 150,301,510 shares worth about $79,471,923,412. Vanguard Capital Management LLC added 561,475 shares, bringing its total to 106,500,177 shares valued at $56,311,968,588. State Street Corporation reduced its position by 411,251 shares, leaving 74,361,687 shares worth approximately $39,318,742,001. Invesco Ltd. grew its holdings by 2,728,927 shares, finishing with 53,171,203 shares valued at $28,114,273,586. JPMORGAN CHASE & CO added 16,060,161 shares, growing its stake to 40,309,233 shares worth about $21,313,506,948.

Advanced Micro Devices, Inc. Stock Down 6.6%

Shares recently traded around $533.28 as of October 16, 2026. The stock sits below its 52-week high of $658.52 and well above its 52-week low of $188.22. It trades slightly below its 50-day moving average of $536.35 while staying above its 200-day moving average of $392.68.

Recent Earnings

The company posted trailing-twelve-month revenue of $41,305,001,984 and basic earnings of $3.92 per share. The company reported a net profit margin of 15.6% and a return on equity of 10.2%. Its next quarterly earnings report is scheduled for November 3, 2026.

Insider Buying and Selling at Advanced Micro Devices, Inc.

Company insiders executed several share dispositions during the quarter. On August 24, 2026, officer Forrest Eugene Norrod sold 17,261 shares for $7,939,159. On August 25, 2026, Chief Financial Officer Jean X Hu sold 15,000 shares for $7,111,160. Chief Executive Officer Lisa T Su sold 95,000 shares for $48,145,666 on September 10, 2026. Later, on September 15, 2026, Forrest Eugene Norrod sold another 17,261 shares valued at $8,683,156.

Analysts Set New Price Targets

Wall Street firms updated their views on the chipmaker ahead of the filing. On September 29, 2026, StoneX reiterated its buy rating with a $685.00 price target. Rosenblatt maintained a buy rating on September 29, 2026, with a $700.00 price target. Stifel maintained a buy rating on October 5, 2026, lifting its target to $700.00 from $635.00. Citigroup maintained a buy rating on October 6, 2026, raising its target to $800.00 from $575.00. Mizuho maintained an outperform rating on October 6, 2026, pushing its target to $705.00 from $580.00. Overall, analysts hold a consensus strong buy rating on the shares with a mean price target of $636.21 across 50 opinions.

About Advanced Micro Devices

Advanced Micro Devices designs high-performance processors and graphics chips used across data centers, personal computers, gaming consoles, and embedded systems. As the company competes in the fast-growing artificial intelligence infrastructure market, shifts in institutional ownership offer insight into how major managers balance their technology exposure.

Bottom Line

Generate Investment Management significantly lowered its exposure to Advanced Micro Devices during the period, though the broader institutional picture remains active. Investors will look toward the upcoming earnings release on November 3, 2026, for fresh updates on product demand. Remember that 13F filings are historical snapshots and may not reflect current positions.