AMD CEO Lisa Su announced the new MI440X data center AI hardware featuring 8 GPUs for enterprise use at CES 2026, alongside the unveiling of the Ryzen AI 400 Series processors.
- The stock is trading down 3.71% at $212.87 during open market, facing headwinds from sector profit-taking and a high P/E ratio of 116.37.
- The Ryzen AI 400 Series processors offer up to 60 NPU TOPS, with systems expected to begin shipping in Q1 2026.
- The company faces competitive threats from Intel's Lunar Lake/Panther Lake chips, contributing to a technical breakdown below the $230-$235 resistance level.