AMD Up 55% in April, Launches $899 Ryzen 9 9950X3D2 Chip
AMD shares have risen 55% in April as SOX hit a 16-day win streak led by Nvidia, Broadcom and Micron. The company launched its $899 Ryzen 9 9950X3D2 chip and is projected to grow data-center revenue over 60% next year on MI450 GPU demand and AI deals.
1. April Share Surge
AMD shares climbed 55% in April, outperforming peers as part of the SOX index's record 16-day streak, which saw a 38.7% gain led by Nvidia, Broadcom and Micron.
2. New Ryzen 9 9950X3D2 Launch
AMD introduced its Ryzen 9 9950X3D2 Dual Edition processor, the first twin 3D V-Cache CPU with 16 cores and 32 threads, priced at $899 as the company's premium high-end offering.
3. Data-Center Revenue Outlook
Analysts forecast AMD will exceed 60% data-center revenue growth in fiscal 2026, driven by demand for its upcoming MI450 GPU and multi-year AI infrastructure deals with Meta and OpenAI.
4. Semiconductor Sector Momentum
Broad sector strength has been bolstered by record quarterly revenue at TSMC and accelerating AI investments, supporting sustained momentum for AMD and other large-cap chipmakers.