New York, Jan 7, 2026, 4:33 PM EST — After-hours
- AMD shares fell about 2% after the bell, tracking a softer chip sector.
- The company has been in focus this week after unveiling new AI chips and AI PC processors at CES.
- Traders are lining up next catalysts: U.S. payrolls on Friday and AMD’s results on Feb. 3.
Advanced Micro Devices shares fell about 2% to $210.02 in after-hours trading on Wednesday, after trading between $207.23 and $213.95 during the day.
The slide lands as investors pick through AMD’s CES headlines and try to square them with what matters most in the near term: orders, margins and whether demand holds up into the February earnings report.
AMD said on Tuesday it will report fiscal fourth-quarter and full-year 2025 results on Feb. 3 after the market close, with a conference call set for 5 p.m. EST. 1
At CES in Las Vegas this week, CEO Lisa Su showcased MI455 AI processors used in data-center server racks and introduced MI440X, an “enterprise” version aimed at on-premise deployments. Su also previewed the MI500 line for 2027, while Nvidia detailed its next-generation Vera Rubin platform and Intel highlighted its Panther Lake chips. 2
On the PC side, AMD said its Ryzen AI 400 and Ryzen AI PRO 400 chips deliver up to 60 TOPS — trillions of operations per second — on the neural processing unit, the block that runs some AI tasks on the device. “The PC is being redefined by AI, and AMD is leading that transformation,” Jack Huynh, a senior vice president at AMD, said; client chief Rahul Tikoo called AI “a multi-layered fabric” being woven into everyday computing. 3
Some industry watchers say AMD’s opening is practical, not flashy: a cheaper alternative when buyers can’t get enough Nvidia gear. “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. Rachita Rao, a senior analyst at Everest Group, said MI440X looks suited for regulated data and on-prem inference, but flagged AMD’s need to close the software gap with Nvidia’s CUDA developer ecosystem. 4
The broader tape stayed choppy on Wednesday as investors weighed fresh labor data ahead of the U.S. employment report on Friday; the Labor Department is also due to publish December consumer inflation data next week. 5
Chip stocks also cooled, with the Philadelphia Semiconductor Index down about 1% on the session. 6
But CES stage demos and product lineups do not guarantee a clean revenue ramp. A slower pace of enterprise AI spending, tougher pricing, or a cautious PC upgrade cycle could leave little room for error when AMD reports.
Next up is Feb. 3, when AMD reports after the close and hosts its results call at 5 p.m. EST; the company’s calendar also shows a scheduled appearance at Morgan Stanley’s Technology, Media & Telecom conference on March 3. 7
