AMD Falls as Memory Costs Weigh; EPYC CPU Share Hits 46.2%
AMD•Shares of Advanced Micro Devices fell in line with a 6-7% sector selloff on rising memory costs and worries over a potential delay of OpenAI’s IPO, intensifying pressure on chipmakers. Analysts remain bullish on AMD’s dual-engine growth thesis, citing GPU deals with Meta and OpenAI and a record 46.2% CPU revenue share for its EPYC data-center franchise.
1. Sector Selloff Weighs on AMD
Semiconductor stocks retreated by 6-7% as rising memory and storage prices squeezed margins across the industry, dragging AMD shares lower alongside peers such as Nvidia, Intel and Broadcom.
2. OpenAI IPO Delay Adds Pressure
Heightened concerns over a potential postponement of OpenAI’s expected IPO until 2027 stoked broader investor skepticism about the AI trade, further reducing demand for AI-driven chipmakers like AMD.
3. Analyst Bullish on GPU and CPU Engines
Despite near-term headwinds, analysts highlight AMD’s multi-gigawatt GPU deals with Meta and OpenAI and a record 46.2% share of CPU revenue from its EPYC data-center line as catalysts for sustained long-term growth.
