--- title: "Investment Company CCM Initiated a Position in AMD. Is the Stock a Buy?" description: "CCM Investment Advisers has initiated a new position in Advanced Micro Devices (AMD), purchasing 68,820 shares valued at approximately $11.13 million, representing 1.1% of its $1.02 billion U.S. equit" type: "news" locale: "en" url: "https://longbridge.com/en/news/260793012.md" published_at: "2025-10-12T15:31:04.000Z" --- # Investment Company CCM Initiated a Position in AMD. Is the Stock a Buy? > CCM Investment Advisers has initiated a new position in Advanced Micro Devices (AMD), purchasing 68,820 shares valued at approximately $11.13 million, representing 1.1% of its $1.02 billion U.S. equity assets. AMD shares have risen 36.18% over the past year, outperforming the S&P 500. The investment comes amid a surge in the AI sector, following AMD's partnership with OpenAI, which is expected to generate significant revenue. Analysts suggest waiting for a potential price retreat before buying into AMD. CCM Investment Advisers disclosed a new position in **Advanced Micro Devices** (AMD -7.78%) in its October 10, 2025 Securities and Exchange Commission filing. The estimated $11.13 million purchase occurred in the third quarter of 2025. ## What happened According to a Securities and Exchange Commission filing dated October 10, 2025, CCM Investment Advisers established a new position in Advanced Micro Devices, purchasing 68,820 shares. The estimated transaction value was $11.13 million for the period ended September 30, 2025. The position represented 1.1% of the fund's $1.02 billion in reportable U.S. equity assets. ## What else to know CCM Investment Advisers' new AMD stake represents 1.1% of 13F assets, and is outside the fund's top five positions. The company's top holdings after the filing as of September 30, 2025 are: - NASDAQ:NVDA: $40.55 million (4.0% of AUM) - NASDAQ:AVGO: $36.12 million (3.6% of AUM) - NASDAQ:GOOGL: $35.72 million (3.5% of AUM) - NASDAQ:MSFT: $33.70 million (3.3% of AUM) - NASDAQ:AAPL: $32.84 million (3.2% of AUM) As of October 9, 2025, AMD shares were priced at $232.89, up 36.18% over the prior 12 months, outperforming the S&P 500 by 17.67 percentage points over the past year. Advanced Micro Devices reported $29.6 billion in trailing 12-month revenue, and $2.8 billion in net income for the trailing 12 months ending June 28, 2025. The company’s forward price-to-earnings ratio is 28.57, and its enterprise value to EBITDA multiple is 48.83 as of October 10, 2025. ## Company Overview Metric Value Revenue (TTM) $29.60 billion Net Income (TTM) $2.83 billion Price (as of market close 2025-10-09) $232.89 One-Year Price Change 36.18% ## Company Snapshot Advanced Micro Devices, Inc. (AMD) is a leading global semiconductor company specializing in high-performance computing and graphics solutions. The company’s strategy centers on innovation in CPUs, GPUs, and data center technology, targeting growth in the enterprise, cloud, and gaming sectors. AMD's competitive edge is driven by its advanced product portfolio and strong relationships with major technology partners worldwide. The company produces x86 microprocessors, discrete and integrated GPUs, server and embedded processors, and semi-custom system-on-chip (SoC) products for computing, graphics, data center, and gaming applications. IMAGE SOURCE: AMD. AMD generates revenue primarily from the sale of processors and graphics products to OEMs, cloud service providers, system integrators, and independent distributors. It serves original equipment manufacturers, cloud service providers, system integrators, and online retailers in the global computing, data center, artificial intelligence, and gaming markets. ## Foolish take For CCM Investment Advisers to begin investing in AMD at this time is noteworthy because stocks in the artificial intelligence sector have been hot for some time now. Moreover, CCM already held shares in AI chip leader **Nvidia**, so why did it jump into AMD now? The AI market went into overdrive in the third quarter of 2025 after Nvidia announced blockbuster deals with **Intel** and OpenAI. The British government also partnered with OpenAI in the quarter to expand AI infrastructure capacity in the country. A rising tide lifts all boats, as the saying goes, so CCM could be anticipating AMD's growth amidst this environment. In fact, AMD announced its own partnership with OpenAI on Oct. 6. The partnership involves the semiconductor giant providing a massive number of its products to the ChatGPT creator, and is projected to deliver billions of dollars in revenue to AMD over the coming years. As a result, AMD shares soared to an all-time high exceeding $240 on Oct. 9. While the company is a good investment and the stock has pulled back from its record high, it's worth waiting to see if the share price retreats further before deciding to buy. ## Glossary **13F assets:** The value of U.S. equity securities reported by institutional investment managers in quarterly SEC Form 13F filings. **Stake:** The amount of ownership or shares an investor or fund holds in a particular company. **Top holdings:** The largest investments by value within a fund's portfolio. **AUM (Assets Under Management):** The total market value of assets a fund or investment manager oversees on behalf of clients. **Outperforming:** Achieving a higher return compared to a benchmark index or peer group over a specific period. **Trailing twelve months (TTM):** The 12-month period ending with the most recent quarterly report. **Forward price-to-earnings ratio:** A valuation metric comparing a company's current share price to its projected future earnings per share. **Enterprise value to EBITDA multiple:** A valuation ratio comparing a company's total value to its earnings before interest, taxes, depreciation, and amortization. **System-on-Chip (SoC):** An integrated circuit that combines multiple components, such as CPU, GPU, and memory, onto a single chip. **Original equipment manufacturers (OEMs):** Companies that produce parts or equipment used in another company's end products. **Cloud service providers:** Companies offering computing resources, storage, or services over the internet to businesses or individuals. **Data center:** A facility housing computer systems and associated components for storing, processing, and managing large amounts of data. ### Related Stocks - [AMD.US - AMD](https://longbridge.com/en/quote/AMD.US.md) - [AMDL.US - GraniteShares 2x Long AMD Daily ETF](https://longbridge.com/en/quote/AMDL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | ChatGPT 開始測試投放廣告 | OpenAI 開始在 ChatGPT 的免費版和最低付費版中測試廣告，旨在增加收入以應對成本上升。測試面向美國成年用户，涵蓋免費和 Go 訂閲方案（每月 8 美元）。儘管大多數用户未付費，OpenAI 承諾廣告不會影響回答內容，用户對話內容 | [Link](https://longbridge.com/en/news/275484431.md) | | 在 2026 年，AMD 股票是應該買入、賣出還是持有？ | AMD 正在尋求在人工智能領域的復興 | [Link](https://longbridge.com/en/news/275987562.md) | | 為什麼 AMD 的股票今天上漲，以及摩根士丹利對未來的展望 | 隨着科技股反彈，先進微電子（AMD）股價上漲約 6%，此前該股在上週財報發佈後大幅下跌。儘管在公佈第四季度業績後股價暴跌 17%，但 AMD 的指引超出了市場預期，導致市場重新評估其增長潛力。摩根士丹利分析師 Joseph Moore 指出 | [Link](https://longbridge.com/en/news/275358156.md) | | 上海的 “AI + 製造” 標杆正在積聚勢頭，SIXUNITED 將目標瞄準千億人民幣的里程碑 | 在 2026 年 2 月 8 日，SIXUNITED 在上海舉辦了其 18 週年慶典，宣佈了 2026 年的戰略目標：年出貨量 1500 萬台，收入 100 億元人民幣。該公司作為 “人工智能 + 製造” 的領導者，自 2007 年成立以來 | [Link](https://longbridge.com/en/news/275306524.md) | | AMD 剛剛宣佈了重大轉機。現在是否是購買的好時機？ | AMD 開始兑現去年年底給出的巨大指引 | [Link](https://longbridge.com/en/news/275843697.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.