AMD made no major announcements on January 31, 2026. The company's stock declined the previous day following market rumors. These rumors suggested a potential delay in the next-generation MI450-series AI accelerators.
Wells Fargo analysts countered the delay assertions despite the stock's negative reaction. Their research indicated the claims were unfounded, confirming that development remains on track. The firm reiterated its Overweight rating. Analysts suggested the stock dip presents a buying opportunity for investors.
AMD is expected to address the rumors during its upcoming earnings announcement. The company will also provide an update on the MI450 production timeline.