Advanced Micro Devices (AMD) is trading around $210.35 in pre-market, consolidating gains following its CES 2026 keynote on January 5th and recent analyst upgrades to “Strong Buy”. The stock is currently under pressure as traders reassess rich valuations and execution risks.
- Key headwinds include competition from Intel’s aggressive new Lunar Lake and Panther Lake chips, which are positioned as strong competitors in the AI PC and graphics segments.
- Despite current volatility, strong long-term enthusiasm persists, with speculative pieces projecting the stock could reach $350–$600 by 2030 based on AI data center growth.