AMD Shares Rally as Chipmaker Appoints Ariel Kelman as New CMO

AMD shares rose 3.63% to close at $216.00 on February 9, 2026, rebounding from a post-earnings selloff amid a broader tech rally and a strategic leadership hire.

• The appointment of industry veteran Ariel Kelman (formerly of AWS and Oracle) as Chief Marketing Officer is expected to strengthen AMD's competitive stance against Nvidia in the AI data center market.
• Investors are increasingly viewing the recent price dip as a strategic buying opportunity supported by the company’s robust long-term AI-driven growth targets.