New York, Jan 7, 2026, 4:33 PM EST — After-hours
- AMD shares fell about 2% after the bell, tracking a softer chip sector.
- The company has been in focus this week after unveiling new AI chips and AI PC processors at CES.
- Traders are lining up next catalysts: U.S. payrolls on Friday and AMD’s results on Feb. 3.
Advanced Micro Devices shares fell about 2% to $210.02 in after-hours trading on Wednesday, after trading between $207.23 and $213.95 during the day.
The slide lands as investors pick through AMD’s CES headlines and try to square them with what matters most in the near term: orders, margins and whether demand holds up into the February earnings report.
AMD said on Tuesday it will report fiscal fourth-quarter and full-year 2025 results on Feb. 3 after the market close, with a conference call set for 5 p.m. EST. Advanced Micro Devices, Inc.
At CES in Las Vegas this week, CEO Lisa Su showcased MI455 AI processors used in data-center server racks and introduced MI440X, an “enterprise” version aimed at on-premise deployments. Su also previewed the MI500 line for 2027, while Nvidia detailed its next-generation Vera Rubin platform and Intel highlighted its Panther Lake chips. Reuters
On the PC side, AMD said its Ryzen AI 400 and Ryzen AI PRO 400 chips deliver up to 60 TOPS — trillions of operations per second — on the neural processing unit, the block that runs some AI tasks on the device. “The PC is being redefined by AI, and AMD is leading that transformation,” Jack Huynh, a senior vice president at AMD, said; client chief Rahul Tikoo called AI “a multi-layered fabric” being woven into everyday computing. AMD
Some industry watchers say AMD’s opening is practical, not flashy: a cheaper alternative when buyers can’t get enough Nvidia gear. “AMD is positioning itself as a reliable second source at a time when Nvidia faces supply constraints and very high prices,” said Pareekh Jain, CEO at Pareekh Consulting. Rachita Rao, a senior analyst at Everest Group, said MI440X looks suited for regulated data and on-prem inference, but flagged AMD’s need to close the software gap with Nvidia’s CUDA developer ecosystem. Network World
The broader tape stayed choppy on Wednesday as investors weighed fresh labor data ahead of the U.S. employment report on Friday; the Labor Department is also due to publish December consumer inflation data next week. Reuters
Chip stocks also cooled, with the Philadelphia Semiconductor Index down about 1% on the session. Nasdaqomx
But CES stage demos and product lineups do not guarantee a clean revenue ramp. A slower pace of enterprise AI spending, tougher pricing, or a cautious PC upgrade cycle could leave little room for error when AMD reports.
Next up is Feb. 3, when AMD reports after the close and hosts its results call at 5 p.m. EST; the company’s calendar also shows a scheduled appearance at Morgan Stanley’s Technology, Media & Telecom conference on March 3. Advanced Micro Devices, Inc.
