New York, Jan 6, 2026, 10:03 EST — Regular session
Shares of Advanced Micro Devices fell about 1.3% to $218.11 in early trading on Tuesday, even after the chipmaker used the CES tech show in Las Vegas to spotlight new artificial-intelligence processors aimed at data centers and corporate customers. Nvidia’s stock rose about 1.6%.
The mixed reaction underscores what investors want next: proof that AMD can turn product road maps and marquee customers into sustained sales growth, at a time when markets are also bracing for a data-heavy week of U.S. labor reports that can sway interest-rate bets and high-growth tech valuations. Reuters
AMD Chief Executive Lisa Su showcased the MI455 AI processors — hardware designed for server racks sold to customers including ChatGPT maker OpenAI — and introduced the MI440X for “on-premises” use, meaning it can run inside a company’s own data center rather than in the cloud. Su was joined on stage by OpenAI President Greg Brockman, and Generative Bionics CEO Daniele Pucci said the firm’s first commercial humanoid robot would be manufactured in the second half of 2026. Reuters
In a late Monday press release, AMD said it also previewed its “Helios” rack-scale platform — built on Instinct MI455X accelerators and EPYC “Venice” CPUs — and reiterated that its next-generation MI500 series GPUs are planned for 2027. “As AI adoption accelerates, we are entering the era of yotta-scale computing,” Su said, using “flops” — a measure of computing speed — to describe the scale needed for future AI systems. Advanced Micro Devices, Inc.
Nvidia, still the dominant supplier of AI accelerators, used the same CES backdrop to detail its next-generation Vera Rubin platform and said it is in “full production.” Chief Executive Jensen Huang said the chips can deliver five times the AI computing power of the prior generation for chatbots and other AI apps, and he highlighted efficiency gains in generating “tokens,” the chunks of text AI models process to produce responses. Reuters
Some analysts said AMD is pitching a different angle to enterprise buyers: a lower-friction path to deploy AI where data cannot easily leave the premises. “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, while Everest Group analyst Rachita Rao said MI440X targets “regulated data” and “latency-sensitive inference” — inference meaning the work of producing outputs from a trained model. Network World
CES 2026 runs from Jan. 6 to 9, with AI expected to feature beyond consumer gadgets as companies try to move the technology into robots, vehicles and other products. “This year you will see more and more focus on AI and autonomous,” said C.J. Finn, U.S. automotive industry leader for PwC. Reuters
But the near-term risk for AMD is that product announcements do not translate into meaningful share gains in the AI accelerator market, where Nvidia’s software and developer tools remain entrenched and supply-chain bottlenecks can still crimp shipments. Any sign of softer AI spending would also pressure the group, especially if rate expectations reset higher.
Investors now turn to fresh CES headlines through Jan. 9 and to Friday’s U.S. Employment Situation report for December, due at 8:30 a.m. ET, a key checkpoint for the outlook on interest rates and appetite for mega-cap tech. Bls
