New York, Jan 27, 2026, 16:33 EST — After-hours
- After a volatile session, AMD shares gained roughly 0.3% in after-hours trading.
- Piper Sandler raised its price target to $300, pointing to product and customer growth expected in 2026.
- Investors are gearing up for the Fed’s decision on Wednesday and AMD’s earnings report coming Feb. 3.
Shares of Advanced Micro Devices Inc ticked up roughly 0.3% in after-hours trading Tuesday, closing near $252.03. During the regular session, the stock fluctuated between $255.49 and $248.10.
Timing is key. Growth stocks have reacted sharply to changes in interest-rate forecasts, as the Federal Reserve kicks off a two-day policy meeting. Investors are gearing up for a heavy slate of megacap earnings, which have been driving the broader “AI trade.” (Reuters)
The Fed will announce its rate decision on Wednesday, with a press conference to follow. Traders get two shots at gauging how much more cooling the Fed wants before considering another rate cut. (Federal Reserve)
Chip stocks mostly gained ground, pushing the Philadelphia Semiconductor Index up roughly 2.4%. (Nasdaq Global Index Watch)
Piper Sandler analyst Harsh Kumar boosted his price target on AMD to $300 from $280, maintaining an “Overweight” rating. In a note picked up by the financial press, he expressed being “very enthusiastic” about AMD’s 2026 outlook, highlighting a possible revenue upside near $200 million. (Finviz)
Investors face another immediate checkpoint as AMD plans to release its fourth-quarter and full-year 2025 earnings on Feb. 3 after the market closes. The company will hold a conference call at 5 p.m. EST. (Advanced Micro Devices, Inc.)
Tuesday’s market showed a mixed picture overall, yet tech held up well. The Nasdaq closed higher while the Dow trailed behind, based on final numbers. (AP News)
AMD’s earnings narrative hinges on data-center demand and whether its new accelerator products generate concrete orders reflected in near-term guidance, rather than just future projections. The AI chip race is ruthless; a handful of major clients can shift their spending abruptly, and those changes often surface first in the company’s outlook.
Bulls face a clear risk: if AMD’s guidance comes in cautious, or the Fed signals unease about inflation gains, chip stocks with high valuations could see sharp repricing. After-hours swings might flip once the market reopens and liquidity picks up.
Two key dates loom: the Fed’s policy announcement on Jan. 28, followed by AMD’s earnings report after the close on Feb. 3. (Federal Reserve)
