Advanced Micro Devices (AMD) shares have fallen nearly 20% since late October due to sentiment rather than fundamentals, despite strong Q3 results and positive revenue growth revisions. With a forward P/E below 15 for FY2028 and accelerating AI industry tailwinds, AMD stock is viewed as a highly attractive buying opportunity.
AMD has submitted a pull request to the Linux kernel's DRM-Next, enabling support for new GPU hardware blocks including GFX 12.1 and RDNA 3.5 series, indicating upcoming hardware updates and continued Linux support for AMD's latest graphics technologies.
Intel's new Panther Lake CPUs, built on the 18A process, are set to challenge AMD's dominance in the handheld gaming PC market with significant improvements in gaming performance and battery life, potentially disrupting the current market leader and opening a new revenue stream for Intel.
At CES 2026, AMD unveiled new high-performance AI chips, including the MI455 for data centers and the MI440X for enterprise use, aiming to compete with Nvidia's dominance in AI hardware. The company also previewed the upcoming MI500, promising significant performance improvements, and launched new Ryzen AI processors for PCs. Despite AMD's efforts and key deals with OpenAI, Nvidia remains the market leader in AI chip sales.
AMD showcased its new high-performance AI chips at CES, including the MI455 and MI440X, targeting data centers and enterprise use, with future chips like the MI500 expected to significantly boost performance. The company aims to compete with Nvidia, which dominates the AI chip market, and has secured key deals with OpenAI, signaling growth in AI hardware. AMD also launched Ryzen AI processors for AI PCs, as the industry advances towards more powerful AI computing solutions.
AMD introduces two new lower-end Ryzen AI Max Plus chips with powerful integrated graphics aimed at gaming devices, potentially making high-end gaming portables more affordable amid rising RAM costs, with prices possibly ranging from $1,000 to $1,500.
AMD announced the Ryzen 7 9850X3D at CES 2026, offering a modest 2-3% performance boost over the 9800X3D with a higher boost clock of 5.6GHz, while focusing heavily on AI capabilities and new Ryzen AI APUs for laptops and desktops. No major new GPU announcements were made.
At CES, Nvidia's Jensen Huang and AMD's Lisa Su are set to showcase their latest AI solutions, with investors closely watching for new product announcements that could influence tech stock performance amid recent concerns about an AI bubble and market sustainability.
AMD's RDNA4 GPUs now support new performance counters in RADV, integrated with Radeon GPU Profiler 2.6, aiding developers and driver writers in better profiling and utilization of Radeon hardware on Linux.
Markets start 2026 with key events including CES 2026 where Nvidia and AMD CEOs will highlight AI infrastructure developments, amid ongoing economic data releases and sector volatility, influencing investment sentiment and sector stability.
Dow Jones futures are set to open with focus on Trump's Venezuela actions and tech stocks like Nvidia, AMD, and Taiwan Semiconductor, amid a volatile market that ended 2025 with mixed signals and geopolitical tensions impacting oil prices and sectors like chips, aerospace, and financials.
A significant update for older AMD GCN GPUs has been merged into Mesa 26.0, addressing VM faults caused by hardware bugs in GFX6 and GFX7 GPUs, improving stability and performance for Linux users and gamers.
Shares of AMD surged 5.3% following positive analyst forecasts for 2026, driven by optimism around AI demand, upcoming product launches at CES 2026, and a broader tech rally. The stock's outlook remains volatile but optimistic, with analysts predicting a 32% increase in value for the year amid excitement over new high-performance processors and AMD's role in the AI sector.
A report suggests that AMD and Nvidia will significantly raise GPU prices in 2026 due to high memory costs driven by AI data center construction and increased demand for hardware, potentially making high-end GPUs like Nvidia's RTX 5090 much more expensive for consumers.
GIGABYTE has launched four new AMD Socket AM4 motherboards targeting gamers and users seeking affordable DDR4 platforms, including models based on A520 and B550 chipsets, to support older but still relevant Ryzen processors amid ongoing DDR5 shortages.