How to buy AMD (AMD) shares from Singapore

By   |   Verified by David Boyd   |   Updated 4 Oct 2023

Advanced Micro Devices Inc. (NASDAQ: AMD) is an American multinational semiconductor company that serves both consumer and business markets by developing computer processors and related technologies. It is headquartered in Santa Clara, California, United States. It was founded in 1969 and went public in 1972.

If you want to buy shares in a company at the forefront of the microchip industry, this step-by-step guide will take you through the process.

About the company

AMD overview

As a global semiconductor company, AMD produces x86 microprocessors (CPUs), accelerated processing units (APUs), discrete graphics processing units (GPUs), semi-custom System-on-Chip (SoC) products and chipsets for the personal computer (PC), gaming, and data centre markets.

Of AMD’s two key business segments, the Computing and Graphics segment includes desktop and notebook processors and chipsets, GPUs, data centre and professional GPUs, and development services. The Enterprise, Embedded, and Semi-Custom segment includes server and embedded processors, semi-custom SoC products, development services, and technology for game consoles.

Subsidiaries of AMD include Advanced Micro Ltd., AMD Corporation, AMD Malaysia LLC, and AMD (EMEA) LTD. AMD Far East Ltd., AMD International Sales & Service, Ltd., and AMD Latin America Ltd., which are all based in the US. AMD also has more than 30 other international subsidiaries.

Unsure about what trading platform to use?

Where to buy AMD shares

Moomoo

On website

Highlights

  • Trade blue-chip stocks in the US, HK, and SG markets.
  • Moomoo is the first global digital brokerage to offer a $0 platform fee, $0 data fee, and lifetime $0 commission for US stocks, trade with no fees in Singapore
  • Earn up to 5.8% interest rate through Moomoo Cash Plus account.
IG

On website

IG

Highlights

  • IG allows you to invest in 17,000+ markets worldwide.
  • Commission at just 0.1% (min S$10) on Singapore share CFDs.
  • No deposit fee when you fund your account using bank transfers, FAST and PayNow.
  • Get access to advanced trading tools and educational resources.
Tiger Brokers

On website

Highlights

  • Supports U.S. equities, H.K. equities, ETFs, options, and futures as well as margin trading for investors.
  • Enjoy some of the most competitive commission fees in the market here at Tiger Brokers to add value to your investing journey.
  • Holds a Capital Markets Services Licence under the Securities and Futures Act issued by the Monetary Authority of Singapore (MAS).
Webull

On website

Webull

Highlights

  • Get up to USD 3000 cash vouchers and earn 5.4% p.a. when you signup, fund your account and trade with Webull. Terms and Conditions apply.
  • Trade US stocks, ETF, and Options with $0 commission, $0 platform fee, and $0 membership fee.
  • Trade HK stocks with $0 commission, $0 platform fee, and $0 membership fee.
  • Provides intuitive and powerful advanced charts, multiple technical indicators, and premier Level 2 Advance (Nasdaq TotalView).

Pros

  • Easy to use mobile app.
  • Get started with just $1.
  • Allows you to trade fractional shares.
  • Access to advanced trading tools.

Cons

  • Scarcity of instructional resources for investors.
  • Supports HK and US markets only.
Pepperstone CFD

On website

80.9% of retail investor accounts lose money when trading CFDs

Pepperstone CFD

Highlights

  • Razor sharp pricing from multiple Tier 1 banks with consistently competitive spreads.
  • Low forex, no deposit & withdrawal fee, and no inactivity fee.
  • Regulated by ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB.

Compare online brokers on Finty. Research fees, commissions, tradable assets, markets, etc.

First time buying?

How to buy AMD shares

Step 1: Find a broker

Find an online broker that allows you to trade shares listed on US markets. There are many options available in Singapore.

These are just some of the factors to be aware of when looking for a broker.

Trades without commissions

You can trade commission-free on several platforms in Singapore, which can save you plenty over time.

Access to the US market

AMD is listed on the NASDAQ in New York. Whatever broker you decide to use will need to have access to this market if you want to invest in AMD.

Fractional shares

Brokers who offer fractional shares can let you buy a fraction of the share, instead of buying the entire share. This makes it easier to diversify your holdings, and may be worth considering since AMD shares are currently trading above US$100 each.

Easy trading interface

It shouldn't take long to trade shares. Make sure you choose a broker that has an intuitive interface you can use with no steep learning curve.

Research and analysis

A trading platform with a robust research and analytics section allows you to make decisions based upon price history, market updates, and quarterly earnings reports. Some brokers even offer analyst recommendations.

Step 2: Transfer funds to your trading account

You will need to fund your account before you can start buying shares. You should be aware that funds can take time to clear. This means that it’s unlikely you will be able to trade immediately.

Step 3: Set a budget for investing

Because shares can be volatile, you should only allocate money you are willing to lose.

You might consider investing in fractional shares. This gives you more freedom and you won't need to spend more than your budget allows.

Step 4: Decide whether to purchase shares or invest via ETFs

An Exchange Traded Fund (ETF) is regarded as a diversified investment and safer than investing in a single share.

ETFs with exposure to AMD include Invesco Dynamic Semiconductors ETF (PSI), VanEck Vectors Video Gaming and eSports ETF (ESPO), Invesco QQQ Trust (QQQ), SPDR S&P 500 ETF Trust (SPY), iShares Core S&P 500 ETF (IVV), and Vanguard S&P 500 ETF (VOO).

Step 5: Spec your order

There are many order types you can choose from, and you can customize the price and time for each share. Consider these different order types.

Market order

Market orders are orders which can be bought or sold at current market prices. However, the actual price you receive at execution may be different from the one that was offered to you at the time you placed the order.

Stop limit

This type of order allows you to automatically sell your shares at a price you nominate, or higher, but not lower. However, if the market is moving quickly against you, the order may not be executed if the price falls past your limit price.

Stop loss

This allows you to decide a low price at which, if reached, you would prefer to exit your investment. It is used often to defend a trade position from market volatility. A stop loss could be set at US$32 per share, for instance. Your stop-loss order is executed automatically if the price falls below this level and your order will be filled at the next available market price.

Step 6: Submit the order

Once you've chosen a broker, and determined how you want to invest in your shares, you are ready to place your order.

After you buy

What moves AMD's share price

Whether you invest in shares with a speculative motive or to hold them over the long term, you need to keep track of the company’s performance and its share price movements.

Watch for developments in the semiconductor industry

Because AMD is a global company in a highly competitive field, you need to monitor what goes on in the semiconductor industry.

AMD has focused on investing in manufacturing capacity and seeking potential suppliers to mitigate disruptions, giving it capacity in an industry that has been plagued by shortages.

Continuing success may be disrupted by a deterioration of the relationship between Taiwan (where its key supplier is based) and China.

Competition

AMD's key competitors are Intel (NASDAQ: INTC) and NVIDIA (NASDAQ: NVDA). Intel competes with AMD in microprocessors and NVIDIA in GPUs. Other competitors of AMD include Marvell Technology, Qualcomm, and Synopsys.

In the longer term, large tech companies including Google (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN) may follow Apple's (NASDAQ: AAPL) lead in developing their own SOCs.

Disclaimer: We put our customer’s needs first. The views expressed in this article are those of the writer’s alone and do not constitute financial advice. Advertisers cannot influence editorial content. However, Finty and/or the writer may have a financial interest in the companies mentioned. Finty is committed to providing factual, honest, and accurate information that is compliant with governing laws and regulations. Do your own due diligence and seek professional advice before deciding to invest in one of the products mentioned. For more information, see Finty’s editorial guidelines and terms and conditions.