Advanced Micro Devices (AMD) stock dipped on Thursday after the chip company accidentally leaked the source code for its machine learning-based upscaler FSR 4 on GitHub. AMD intended to post the normal SDK of FSR 4 instead of the source code and quickly updated the GitHub page to fix its mistake. Even so, that didn’t stop some from downloading the source code and digging through it.
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One of the first things learned from the source code was that it includes libraries for INT8 shaders. That’s worth noting, as this implies that FSR 4 was made with the ability to work on older graphics cards. This means support could be added in the future, expanding the number of users who can take advantage of AMD’s first machine learning-based upscaler.
The worst thing about this mix-up is the pressure it puts on AMD. With the source code leaked, consumers now have a better glimpse into its development. This means the company could face calls to add FSR 4 support to older graphics cards, even if that’s something the company never intended to do. If it doesn’t, it could reflect badly on its relationship with those consumers.
AMD Stock Movement Today
AMD stock was down 0.93% on Thursday, but remained up 35.5% year-to-date. Investors will also note that the stock has rallied 8.9% over the past 12 months. The company’s shares have increased alongside the artificial intelligence (AI) boom, even if it doesn’t command the same respect as rival chipmaker Nvidia (NVDA) in that space.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 24 Buy and 11 Hold ratings over the past three months. With that comes an average AMD stock price target of $183.45, representing a potential 12.19% upside for the shares.
