AMD(US:AMD) Yahoo Finance·2025-09-19 12:42Market Overview - The US large-cap equity market experienced significant growth in Q2 2025, with the S&P 500® Index increasing by 10.94% due to reduced tariff concerns from the Trump administration [1] - The Macquarie Core Equity Fund's Institutional Class outperformed the S&P 500 Index, returning 11.94%, with 80% of this performance attributed to sector selection [1] Company Focus: Advanced Micro Devices, Inc. (NASDAQ: AMD) - Advanced Micro Devices, Inc. (AMD) operates in the semiconductor industry, focusing on segments such as Data Center, Client, Gaming, and Embedded [2] - AMD's stock saw a one-month return of -5.87% and a 52-week gain of 1.26%, closing at $157.92 per share with a market capitalization of $256.279 billion as of September 18, 2025 [2] - AMD achieved a record second-quarter revenue of $7.7 billion, representing a 32% year-over-year increase, and generated over $1 billion in free cash flow [4] Investment Potential - The Macquarie Core Equity Fund believes that AMD will enhance its market share in the GPU segment for AI applications by 2027, potentially leading to significant revenue and profit growth [3] - Despite recognizing AMD's potential, the fund suggests that other AI stocks may offer greater upside potential and lower downside risk [4] - AMD was included in 113 hedge fund portfolios at the end of Q2 2025, an increase from 97 in the previous quarter, indicating growing interest among institutional investors [4]