AMD's Investment Portfolio Revealed: Significant Appreciation in Marvell Technology Holdings, Entry into Quantum Sector

Stock News
May 13

Advanced Micro Devices (AMD.US) disclosed its 13F filing on Tuesday, revealing that as of the end of March, the company held 65,516 shares of Marvell Technology (MRVL.US) with an approximate value of $6.5 million. Based on Marvell Technology's latest closing price, these shares are now valued at around $10.7 million. The filing also indicated that AMD holds 1.15 million shares of Sanmina Corporation (SANM.US) and 5.71 million shares of artificial intelligence drug creation company Absci Corp (ABSI.US). Additionally, AMD has newly acquired shares of Xanadu Quantum Technologies (XNDU.US) worth approximately $1.5 million. At the time of reporting, AMD's pre-market trading showed an increase of nearly 2%, with a year-to-date cumulative rise of 109%. Marvell Technology's pre-market trading increased by over 3%, with a year-to-date cumulative gain exceeding 93%. Sanmina Corporation and Xanadu Quantum Technologies saw pre-market increases of nearly 2%, while Absci Corp's pre-market trading rose by over 2%.

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