AMD Shares Decline as Competitor Nvidia Unveils Standalone Data Center CPU

AMD stock declined 3.34% on January 26, 2026. The drop followed significant announcements from competitor Nvidia.

Nvidia announced two key developments. The company revealed a $2 billion investment in cloud provider CoreWeave. Nvidia also announced its first standalone central processing unit (CPU), codenamed "Vera."

The "Vera" CPU signals Nvidia's direct entry into the data center CPU market. This market is a core business for AMD. The development introduces new competition for AMD's EPYC processors, which have been gaining market share.