NEW YORK, December 29, 2025, 09:54 ET — Regular session
- AMD fell about 0.3% in early trade as the Nasdaq opened lower and chip stocks traded mixed.
- Intel rose after a filing showed Nvidia bought $5 billion of Intel shares under a previously announced agreement.
- Traders are watching rates and fresh signals on global chip demand heading into the new year.
Advanced Micro Devices shares edged lower in early trading on Monday, dipping 0.3% to $214.42 after touching an intraday low of $209.42.
The move mattered because the market is entering the final, holiday-thinned stretch of the year, when small shifts in risk appetite can swing high-growth technology names. Semiconductor stocks have been at the center of the AI-driven rally and remain sensitive to any change in rates and spending expectations.
AMD is one of the sector’s key bellwethers, sitting between Nvidia in AI accelerators and Intel in server processors. Investors often use its trading as a read on demand across data centers and PCs when liquidity is light.
Wall Street opened lower, with the Nasdaq down 0.8% at the bell as megacap technology stocks gave back some of last week’s gains, Reuters reported.
Chip stocks were mixed. Nvidia fell 1.3% and Broadcom dropped 0.7%, while Intel rose 0.8%; semiconductor exchange-traded funds were little changed.
Intel’s gain followed a filing showing Nvidia purchased $5 billion of Intel shares, completing a transaction announced in September. Intel said the deal price was $23.28 per share and involved more than 214.7 million shares in a private placement, a sale to a single buyer rather than the public market.
The filing kept attention on how U.S. chipmakers and designers are positioning for the next phase of AI infrastructure buildout, even as investors scrutinize capital spending and profitability across the supply chain.
Rates remain a key cross-current for tech shares. Reuters reported that investors have been watching the “term premium” — the extra yield investors demand to hold longer-dated U.S. Treasuries — as it has started rising again in recent weeks, a backdrop that can pressure richly valued growth stocks when borrowing costs climb. Reuters
On the demand side, a Reuters poll pointed to firm semiconductor momentum globally, forecasting South Korea’s December exports up 9.0% year-on-year, with semiconductor shipments jumping 41.8% in the first 20 days of the month.
“There is a lack of momentum in other products,” Stephen Lee, an economist at Meritz Securities in Seoul, told Reuters, underscoring how chips have been carrying trade growth. Reuters
For AMD, the next major catalyst is its quarterly report in early February; several market calendars list Feb. 3 after market close, though the date is flagged as unconfirmed on Wall Street Horizon.
Heading into that update, investors are likely to focus on AMD’s data-center trajectory — including demand for AI accelerators and server CPUs — and whether company commentary supports expectations for continued AI-related spending into 2026.
