Advanced Micro Devices (AMD) stock climbed higher on Thursday after the chipmaker announced the price of its upcoming Ryzen 9950X3D2 Dual Edition CPU. Consumers who want the new flagship CPU will have to pay $899 for the processor. They’ll also note that this is the highest MSRP that AMD has ever set for a Ryzen CPU.
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AMD fans also won’t have to wait long to get their hands on the Ryzen 9950X3D2 Dual Edition CPU. The new processor will be released on April 22, 2026. However, it could be difficult for consumers to get the processor if demand outpaces supply. This often happens in the PC components space when a new CPU or GPU is released. As a result, diehard AMD fans may have to pay more than MSRP for the processor.
AMD Stock Movement Today
AMD stock was up 1.72% on Thursday, extending a 9.97% year-to-date rally. The stock has also increased 161.35% over the past 12 months. While today’s stock boost is due to news from the company’s consumer business, much of its gains over the past year have been related to its AI business, which has grown amid the boom in AI demand.
AMD trading activity today saw some 10.08 million shares change hands, compared to a three-month average daily trading volume of about 35 million shares.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 21 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $284.68, representing a potential 20.7% upside for the shares.
