AMD Nears All-Time High as Executives Sell Millions in Shares

Mark D. Papermaster, AMD’s Chief Technology Officer and Executive Vice President, disposed of tens of thousands of shares under a pre-arranged Rule 10b5-1 trading plan on April 15–16 and 24, 2026, raising roughly KRW 140 billion in cash. Despite the sale, he still holds more than 1.2 million shares, maintaining a substantial stake in the company.

On May 8, Paul Darren Grasby, Executive Vice President and Chief Security Officer, sold approximately 24,000 shares in an open-market transaction, generating about USD 10.8 million (around KRW 140 billion). Following the sale, he continues to own over 100,000 shares, as disclosed in the filing.

In its May 5 announcement of first-quarter 2026 results, AMD reported revenue and earnings that exceeded market expectations. Strong demand for AI-optimized data center chips drove a significant improvement in quarterly performance, sending the stock to record highs and new 52-week peaks. (See: )

Alongside these results, AMD outlined plans to sustain growth in server CPUs and AI accelerators through enterprise AI platform partnerships and its upcoming “Advancing AI 2026” event. (See: )

Headquartered in California, AMD is a leading designer of high-performance CPUs, GPUs and AI accelerators. Together with Intel and NVIDIA, it ranks among the core players in the global semiconductor industry across data centers, client PCs and gaming consoles. (See: )