NEW YORK, January 1, 2026, 09:51 ET — Market closed
- AMD last closed down 0.55% at $214.16 on Dec. 31.
- U.S. stock markets are closed for New Year’s Day and reopen Jan. 2.
- Focus is shifting to CEO Lisa Su’s CES keynote on Jan. 5 and early-January U.S. data.
Advanced Micro Devices Inc (AMD.O) shares last closed down 0.55% at $214.16 on Wednesday, trading between $213.80 and $217.64 with about 17.6 million shares changing hands. U.S. equities markets are closed on Thursday for New Year’s Day and reopen on Jan. 2. Yahoo Finance+1
The modest drop matters now because chip stocks that powered much of 2025’s rally enter 2026 with investors weighing rate expectations against demand signals for AI and data-center hardware.
For AMD, the next near-term checkpoint is the Consumer Electronics Show, where CEO Lisa Su is set to deliver an opening keynote on Jan. 5 at 9:30 p.m. ET, a company webpage showed. AMD
On Wednesday, the S&P 500 slipped 0.74% and the Nasdaq fell 0.76% as tech stocks were among the main drags, Reuters reported. “It’s perfectly fine in any bull market to have moments of cost,” said Giuseppe Sette, co-founder and president of Reflexivity. Reuters
AMD’s move tracked the group. Nvidia (NVDA.O) ended down about 0.5% and Intel (INTC.O) fell around 1% in the last session, according to market data.
Policy risk stayed in view for the semiconductor supply chain. Reuters reported the U.S. granted Taiwan Semiconductor Manufacturing Co an annual license to import U.S. chipmaking tools into its Nanjing plant in China. Reuters
Export rules matter for AMD and its peers because the company relies on outside foundries, including TSMC, to manufacture many of its processors.
Rate expectations remain a swing factor. Minutes from the Federal Reserve’s December meeting showed officials divided on the 2026 policy path, Reuters reported. Reuters
Higher interest rates tend to pressure growth stocks because a larger share of their value comes from earnings expected further out.
AMD’s investment case in 2026 is still anchored to whether it can keep expanding in data-center and AI chips while defending share in server processors, where it competes with Intel, and in AI accelerators, where Nvidia remains the sector heavyweight.
Before the next session on Jan. 2, traders will be looking for positioning around the CES cycle, which often shapes expectations for PC and chip demand early in the year.
Yahoo Finance’s earnings calendar lists AMD’s next results for Feb. 3 after market close, meaning after-hours trading following the 4 p.m. ET bell. Yahoo Finance
On the macro front, investors will watch the U.S. employment report for December on Jan. 9 and consumer price data on Jan. 13, followed by the Fed’s next policy meeting on Jan. 27–28, according to government and central bank schedules. Bureau of Labor Statistics+1
On the chart, Wednesday’s low of $213.80 is a near-term support level, while $217.64 marks the session high traders will watch for a break as liquidity returns after the holiday lull.
