Verus Capital Beefs Up AMD Stake

Latest AMD Stock News

According to a recent Form 13F filing submitted to the SEC, Verus Capital Partners, LLC disclosed a noteworthy and bullish position in AMD stock. Here’s what you need to know about Advanced Micro Devices, Inc., as well as Verus Capital Partners’ position in shares of AMD stock:

About Advanced Micro Devices, Inc. (NASDAQ: AMD)

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company provides processors for desktop and notebook personal computers under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, and AMD PRO A-Series processors brands; discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics, AMD Embedded Radeon graphics brands; and professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands. It also offers Radeon Instinct, Radeon PRO V-series, and AMD Instinct accelerators for servers; chipsets under the AMD trademark; microprocessors for servers under the AMD EPYC; embedded processor solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series processors brands; and customer-specific solutions based on AMD CPU, GPU, and multi-media technologies, as well as semi-custom SoC products. It serves original equipment manufacturers, public cloud service providers, original design manufacturers, system integrators, independent distributors, online retailers, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. The company was incorporated in 1969 and is headquartered in Santa Clara, California. Learn more about Advanced Micro Devices, Inc. on their website here

Verus Capital Partners’ Position in AMD

According to the most recent 13F filed by Verus Capital Partners, the firm added 201,196 shares of AMD stock to it holdings in the recent quarter. That brings their total long position in Advanced Micro Devices, Inc. to 362,707 shares, representing approximately 0.0225% of the entire 1,612,359,971 AMD shares outstanding. Based on the most recent closing price of $73.53 per share of AMD, the entire Verus Capital Partners position in Advanced Micro Devices, Inc. stock is worth roughly $26,669,845.71.


Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Verus Capital Partners, Llc. Also be sure to check out more recent 13F filing analysis news here.


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