New York, Jan 12, 2026, 17:02 (EST) — Trading continues after the bell.
- After the close, AMD shares climbed 2.2%.
- Chip stocks held steady or edged up as investors awaited U.S. inflation figures.
- Attention turns to Tuesday’s CPI report and AMD’s earnings on Feb. 3.
Advanced Micro Devices shares gained 2.2%, closing at $207.69 in after-hours trading Monday. The stock fluctuated between $200.00 and $209.84, with roughly 27.2 million shares traded during the session.
Investors are bracing ahead of Tuesday’s U.S. consumer price index, or CPI, a crucial inflation measure that often shifts Fed policy expectations and quickly impacts growth stocks. The Bureau of Labor Statistics will publish December’s CPI figures at 8:30 a.m. Eastern. (Bureau of Labor Statistics)
AMD’s next major event is just around the corner. According to its investor relations calendar, the company will release its fiscal fourth-quarter and full-year 2025 results on Feb. 3 at 5:00 p.m. EST, after U.S. markets close. (Advanced Micro Devices, Inc.)
U.S. stocks closed slightly higher Monday, with the S&P 500 and Dow hitting fresh record highs despite a DOJ criminal probe involving Fed Chair Jerome Powell. “The market is taking it in stride for now,” said Peter Cardillo, chief market economist at Spartan Capital Securities. Investors are also gearing up for earnings season. Tech is expected to drive S&P 500 profit growth this quarter, with a projected 26.5% year-over-year jump, according to LSEG data referenced in the report. (Reuters)
Chip stocks mostly held their ground. The PHLX Semiconductor Index ended Monday 0.47% higher. (Nasdaq Global Index Watch)
Powell remains front and center, a key factor for rate-sensitive shares. Evercore ISI’s Krishna Guha noted that the markets found “substantial reassurance” in the pushback coming from Washington and the public’s backing of Powell. (Reuters)
AMD has turned into a more volatile barometer for data-center spending, particularly around AI infrastructure expansion. Ahead of earnings, investors will be looking for clear data on data-center trends, along with clues about PC demand and pricing for the latest chips.
Semiconductor stocks have become a crowded trade lately. The sector can flip fast, reacting sharply to just one macroeconomic report or a change in rate forecasts.
There’s a clear risk, though. A hotter CPI reading might push bond yields higher and weigh on chipmakers’ valuations. Plus, even a slight slowdown in cloud spending would hit the entire AI hardware sector hard — AMD among them.
Tuesday’s CPI report drops at 8:30 a.m. ET. The next big date after that is AMD’s earnings on Feb. 3.
