AMD stock jumps 4% after hours as chip rally opens 2026; CES keynote in focus

AMD stock jumps 4% after hours as chip rally opens 2026; CES keynote in focus

NEW YORK, Jan 2, 2026, 16:36 ET — After-hours

  • AMD rose 4.3% to $223.47 in after-hours trading.
  • Chip peers also advanced, with Intel up about 6.7% and Nvidia up about 1.2%.
  • Investors are looking ahead to AMD’s CES keynote on Jan. 5 and the next earnings update expected in early February.

Advanced Micro Devices (AMD) shares rose 4.3% to $223.47 in after-hours trading on Friday, adding $9.23 from the prior close. Nvidia gained about 1.2% and Intel rose about 6.7%, while the iShares Semiconductor ETF added about 4.2%.

The strength in chipmakers helped cushion a choppy start to 2026 for U.S. equities, Reuters reported, as investors weighed valuation concerns and the outlook for interest rates. “Stocks trade expensive on 18 of 20 measures, and we see elevated risks to the index level in the near term,” Bank of America strategist Savita Subramanian wrote, while traders also looked ahead to next week’s labor market data, Reuters said. Reuters

The timing matters heading into CES next week, a key early-year showcase for chip and PC makers. AMD says Chief Executive Lisa Su will deliver a CES opening keynote on Jan. 5 at 9:30 p.m. ET, with the company pointing to updates across its AI lineup from cloud to devices. Amd

AMD has been trying to expand its footprint in data centers and AI accelerators, where it competes with Nvidia, while also selling PC processors and chips for embedded systems.

On Friday, AMD said in a blog post it is bringing automotive demonstrations to CES, including advanced driver-assistance and in-vehicle computing showcases built on its Versal AI Edge and Ryzen Embedded devices, with one demo developed with StradVision. Amd

ADAS is short for advanced driver-assistance systems, a catch-all for features that use sensors and software to support functions such as lane keeping and collision avoidance.

After-hours trading, which runs after the 4 p.m. close, can be more volatile because fewer shares change hands. AMD traded between $217.01 and $227.05 during Friday’s session, and about 36.3 million shares had changed hands by late afternoon, market data showed.

Markets reopen on Monday, and attention will shift quickly to CES presentations and any customer or partner disclosures that can move expectations for 2026 product cycles.

The next hard catalyst after CES is earnings. AMD is expected to report results on Feb. 3 after the close, according to Yahoo Finance’s earnings calendar. Yahoo

Traders will be focused on guidance for data-center demand and AI accelerators — chips that speed up machine-learning workloads — as well as commentary on margins and supply.

With semiconductors leading early gains in 2026, investors will be watching whether AMD can hold its move as macro data and CES headlines set the tone for the next week.

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