Advanced Micro Devices (AMD) stock was on the rise Friday after the semiconductor company addressed speculation about graphics processing unit (GPU) prices in 2026. David McAfee, AMD’s Vice President of Ryzen, said, “We have very strategic partnerships over many, many years with all the DRAM manufacturers to make sure that both the amount of supply that we need and the economics of what we’re able to buy from them are what we can support in our graphics business.”
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Building on this statement, McAfee noted that without RAM at the right price, AMD would have trouble keeping its graphics cards on the market at the current prices. While this doesn’t mean a price increase will happen in 2026, there’s an argument that the company will boost prices to adjust for inflated RAM prices.
AMD isn’t the only GPU maker that has struggled with the RAMpocalypse. Rival Nvidia (NVDA) has also had trouble keeping its GPUs in stock due to the limited supply of RAM available for consumer GPUs. This even spurred rumors that it had started to phase out the RTX 50 Series line of GPUs, which Nvidia has denied.
AMD Stock Movement Today
AMD stock was up 1.29% on Friday, extending an 8.6% year-to-date rally. The stock has also increased 87.65% over the past 12 months.
AMD trading activity today saw more than 5.88 million shares change hands, compared to a three-month daily average of about 27.11 million units.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Strong Buy, based on 24 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $283.50, representing a potential 22.3% upside for the shares.
