The Advanced Micro Devices (AMD) stock price has continued to underperform the market even as artificial intelligence tailwinds remain. AMD peaked at $226.86 on March 4th and has retreated to $129, a 43% crash.

Advanced Micro Devices (AMD, Financial) is a potential breakout candidate for this week, trading at $125.37, with the expectation of AMD's CES 2025 showcase. The semiconductor giant, with a market capitalization of $203.

Rumors have been flying for weeks regarding AMD’s probable CES 2025 announcements. There’s a safe bet that the company will reveal its new RX 9070 XT graphics cards. These will likely be based on the new RDNA 4 architecture and should operate as a great mid-range GPU option.

Nvidia and AMD are one of the top chipmakers that are in business for decades now, and their stock prices have seen some optimum growth in the past couple of years. However, it is yet to be seen which

Nvidia (NASDAQ: NVDA) is by far the leader in the space. Rival Advanced Micro Devices (NASDAQ: AMD), meanwhile, is trying to take Nvidia on and gain a meaningful share of the data center market. In 2024,

Nvidia (NVDA) and AMD (AMD) made headlines on Monday as each chipmaker unveiled their widely anticipated latest artificial intelligence-infused offerings at CES. Read for more.