New York, Feb 8, 2026, 11:25 (EST) — The market has closed.
- AMD finished Friday at $208.44, climbing roughly 8%.
- Chip stocks jumped, with traders chasing the latest wave of hefty AI data-center budgets announced by major cloud giants.
- Now the focus turns to Monday to see if the move sticks, with U.S. inflation data expected Feb. 13.
Advanced Micro Devices (AMD) rallied 8.2% to finish at $208.44 on Friday, snapping back just before the weekend. With U.S. markets closed Sunday, that marks the final price ahead of Monday trading.
AMD’s role as a bellwether for the AI boom is in sharp focus, especially with traders on edge after a choppy start to February. The question now: Are cloud giants’ bigger budgets a straight shot to stronger chip demand, or just more fuel for fresh worries about expenses and payoff?
Semiconductors powered Friday’s rally, sending the Dow past 50,000 for the first time and the Nasdaq up 2.2%. Amazon, echoing Alphabet, said it’s boosting capital spending more than 50% this year—mostly on data centers and equipment—feeding optimism among chip suppliers. “There’s real demand,” said Baird’s Ross Mayfield, noting a buyer “floor” emerges when AI-trade selloffs hit, though volatility remains. (Reuters)
Jensen Huang, Nvidia’s CEO, helped stoke the rally after telling CNBC demand was “going through the roof” with major cloud players ramping up AI spending. The Philadelphia chip index surged nearly 6% this day, sending AMD and other chip giants up as well. (Investopedia)
AMD shares jumped Friday, clawing back some ground after a steep drop earlier in the week post-earnings. On Feb. 3, the company posted fourth-quarter revenue of $10.3 billion and projected first-quarter revenue near $9.8 billion, give or take $300 million. Non-GAAP gross margin was guided to roughly 55%, excluding certain expenses. (AMD)
But a single solid trading day doesn’t resolve the debate over AI investment. When concerns resurface about returns taking too long—or if bond yields spike—chip stocks usually take the initial hit.
Traders are also watching the calendar for another reason: U.S. exchanges shut down Feb. 16 for Washington’s Birthday, chopping a day off the next week’s session. (New York Stock Exchange)
Macro data returns to the spotlight. On Feb. 13, at 8:30 a.m. Eastern, the U.S. consumer price index for January drops—a release with the potential to shift interest-rate bets and, in turn, influence how much investors shell out for high-growth tech. (Bureau of Labor Statistics)
Semiconductor names are already looking ahead—the next focal point: Nvidia’s Q4 earnings. Nvidia’s fourth-quarter report lands Feb. 25, with a conference call that tends to ripple down the AI hardware supply chain. (NVIDIA Newsroom)
AMD is set for another investor spotlight soon. Chief Technology Officer Mark Papermaster will take the stage at Morgan Stanley’s Technology, Media & Telecom conference on March 3. Investors can catch the webcast on the company’s investor relations page. (Advanced Micro Devices, Inc.)
AMD heads into Monday with investors watching to see if Friday’s jump sticks around—or fizzles out after just one session. The next big marker: Feb. 13.
