AMD shares fell Wednesday after a benchmark surfaced for the upcoming Ryzen AI MAX+ 392 mobile chip. It hit 2,917 single-core and 18,071 multi-core points, briefly lifting shares two percent.
The chip targets mobile devices such as gaming laptops and pairs with integrated Radeon 8060S graphics. Timing matters as AI-driven demand has raised GPU and memory prices, constraining affordability (Ed. note — component costs are rising).
Shares tried to breach resistance near $225, the level in place since November 2025. Over the past year AMD gained roughly 85 percent, fueled by demand for servers and AI components.
Most analysts recommend buying, with targets above the current market price. Stifel targets $280, KeyBanc‘s John Vinh set $270, Benchmark aims for $325, and Raymond James placed $200; Stifel‘s historical prediction accuracy is cited at 97 percent.
