NEW YORK, December 31, 2025, 11:58 ET — Regular session
- AMD shares up about 0.3% in late-morning trade on the final session of 2025
- Focus shifts to CES next week and early-2026 product and AI-roadmap signals
- Chip stocks mixed as broader U.S. indexes drift lower in holiday-thin trading
Shares of Advanced Micro Devices rose about 0.3% to $215.92 in late-morning trading on Wednesday. The stock has ranged from $213.61 to $217.54 so far in the session.
The move comes with investors squaring year-end positions and looking ahead to near-term catalysts in early January, including AMD’s scheduled appearance at the CES tech show in Las Vegas.
AMD heads into the close of 2025 after a sharp run that has shifted attention toward what comes next in the AI chip race. MarketWatch reported the stock has gained about 78% this year, putting a premium on execution in 2026.
Wall Street’s main indexes edged lower on the final trading day of the year, weighed by weakness in parts of the tech sector, Reuters reported. U.S. markets will be closed on Thursday for New Year’s Day.
Chip stocks were mixed. The PHLX Semiconductor Index was down about 0.4%, while Nvidia rose about 0.7% and Intel slipped about 0.1%.
AI-chip demand headlines also stayed in focus. Investors.com reported Nvidia asked Taiwan Semiconductor to boost output of its H200 data-center GPUs amid demand from China.
Analysts continue to frame AMD’s next major test as the rollout of newer AI hardware. In a note cited by MarketWatch, TD Cowen analyst Joshua Buchalter said launches of AMD’s Instinct MI450 accelerators and Helios rack-scale systems “will mark a key inflection point” for the company’s stock and earnings. MarketWatch
AI accelerators are specialized chips built to handle the heavy computing used to train and run AI models. “Rack-scale” refers to packaging chips, networking and software into full server-rack systems aimed at large data centers.
AMD has also flagged CES as a near-term stage for its messaging. The company said CEO Lisa Su will deliver the CES 2026 opening keynote on Jan. 5 at 9:30 p.m. ET, with updates on AI solutions “from cloud to enterprise, edge and devices.” AMD
For investors, CES can offer early signals on AMD’s client PC, gaming and AI-PC direction, but the central debate remains in data centers. Nvidia’s advantage rests heavily on CUDA — its widely used developer software platform — which helps lock in AI workloads even when rivals offer competitive hardware.
Attention also turns to the next quarterly report for harder numbers. Yahoo Finance’s earnings calendar lists Feb. 3 after the close for AMD’s next results, with investors likely to focus on data-center demand, gross margin and management’s 2026 outlook.
With stocks closed on New Year’s Day and holiday-thin trading still shaping price action, AMD enters 2026 with catalyst risk front-loaded into early January. The next leg, investors say, will come down to execution — product details, software support and customer deployments — rather than the 2025 rally alone.
