AMD stock slips in premarket as CES AI-chip push puts OpenAI ramp in spotlight
AMD shares fell 1.1% in premarket trading Tuesday after the company unveiled new data-center AI processors at CES and previewed its next Instinct MI500 series for 2027. Investors are watching for details on shipments, pricing, and margins as AMD seeks to close the gap with Nvidia. The company’s next earnings report is scheduled for Feb. 3.