AMD stock surges on AI partnerships, data center momentum, and mass-market AI PC push

What's Going On With Advanced Micro Devices Stock Friday? - Advanced Micro Devices (NASDAQ:AMD)

Advanced Micro Devices, Inc. (NASDAQ:AMD) stock rose on Friday as investors assessed the company's artificial intelligence prospects in both data centers and personal computers, even as Nvidia Corp. (NASDAQ:NVDA) continues to dominate next-generation AI infrastructure. TrendForce analyst Frank Kung said Nvidia's GB300 platform is on track to anchor most global AI data centers in 2026, accounting for an estimated 70% to 80% of worldwide AI server rack shipments. AMD continues to feature prominently in the competitive landscape with its MI400 accelerators, which analysts expect to be shipped alongside Nvidia systems as aggregate AI server volumes increase. AMD Targets Mass-Market AI PCs After CES 2026 AMD is positioning itself for the next phase of AI-driven growth by pushing artificial intelligence into mainstream PCs, while relying on its data center business for longer-term momentum, according to Counterpoint Research. The company used CES 2026 to pivot from proof-of-concept demos to mass-market execution, aiming to scale AI features across affordable consumer and commercial PCs, as per the firm. Major manufacturers, including Dell Technologies Inc. (NYSE:DELL) and HP Inc. (NYSE:HPQ), plan to launch AMD-powered AI PCs in early 2026, with entry-level pricing starting at around $499. Counterpoint noted that AMD is emphasizing practical use cases such as productivity, gaming, and creative workloads, a strategy that could help spark a new PC upgrade cycle, particularly in desktops. Data Centers Remain Core Growth Driver Counterpoint also highlighted AMD's data center segment as its primary growth engine. Strong hyperscaler demand, tight supply conditions, and rising server CPU adoption are expected to support earnings. At the same time, platform initiatives like Helios could further strengthen AMD's role in AI infrastructure without directly displacing Nvidia. AMD shares were largely unaffected by Intel Corp.'s (NASDAQ:INTC) quarterly results, which sent Intel stock lower. Intel reported fourth-quarter revenue of $13.67 billion, beating estimates of $13.37 billion, while adjusted earnings of 15 cents per share exceeded expectations. However, revenue declined 4% year over year, and the company guided to breakeven earnings in the first quarter. AMD Price Action: Advanced Micro Devices shares were up 3.73% at $263.20 at the time of publication on Friday. The stock is trading near its 52-week high of $267.07, according to Benzinga Pro data. Image via Shutterstock AMDAdvanced Micro Devices Inc $264.404.21% Overview DELLDell Technologies Inc $114.96-1.89% HPQHP Inc $19.41-2.09% INTCIntel Corp $45.77-15.7% NVDANVIDIA Corp $187.821.61% Market News and Data brought to you by Benzinga APIs

AMD Leads Chip Stock Rally as AI Partnerships and Server Demand Accelerate

Data Center CPUs, AI Accelerators, and CES 2026 Products Broaden Catalysts Investors also focused on AMD's core server central processing unit (CPU) business, where analysts cited momentum for EPYC 'Turin' processors. The commentary linked among cloud providers and enterprise customers to ongoing manufacturing and execution challenges at Intel (INTC). KeyBanc's Vinh said robust demand for Turin data center CPUs could support an earnings beat when AMD reports fourth-quarter results on February 3. He also said AMD may be nearly sold out of server CPUs for 2026, a dynamic that could enable price increases of as much as 15%. Meanwhile, AI infrastructure demand helped lift sentiment across after comments from NVIDIA (NVDA) Chief Executive Officer Jensen Huang at the World Economic Forum (WEF) in Davos. Huang told BlackRock (BLK) Chief Executive Officer Larry Fink that the AI boom has driven the "largest infrastructure buildout in history," and he said trillions of dollars still need to be built. Meanwhile, the rally also followed a new focus on AMD's large AI partnerships. OpenAI plans to deploy AMD graphics processing units (GPUs) to support up to 6 gigawatts of computing capacity for ChatGPT and future models announced later in 2025. Oracle (ORCL) disclosed plans to build AI 'superclusters' using about 50,000 Instinct MI450 GPUs. Furthermore, AMD added a PC Catalyst at , where it unveiled the Ryzen AI 400 Series for 'AI PC' designs. Major original equipment manufacturers (OEMs), including Acer, ASUS, and Dell, plan to ship systems in the first quarter of 2026, supporting an AI PC upgrade cycle narrative even as broader PC demand moderates. Looking ahead, attention now turns to AMD's Feb. 3 earnings report for fourth-quarter 2025 results.