Advanced Micro Devices (AMD) stock was up on Monday after CEO Lisa Su and HP (HPQ) CEO Enrique Lores described the ongoing partnership between the two companies. The interview with Fortune highlighted the history of AMD and HP, including how Su and Lores communicated to build a strong partnership during a rough period.
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That partnership resulted in HP adding AMD CPUs to its commercial line of products, instead of just its enterprise offerings. This was a major change at the time, as the commercial computer market was largely dominated by Nvidia (NVDA) and Intel (INTC), leaving little room for AMD. However, that bet paid off, and AMD’s CPU market share now sits at 32.2%. The company has been less successful in the GPU market, with only a 6% share.
With artificial intelligence (AI) increasing the demand for server products, both AMD and HP have strived to gain a foothold in the sector. Lores commented on this during the interview when he said, “When you have a friend, you trust your friend, and when you are doing new things, it’s important to have that level of confidence. When you go through problems, which also happens, it’s also good to try to have trust in the other side.”
AMD & HP Stock Movement Today
AMD stock was up 3.85% on Monday, extending a 100.41% rally year-to-date and a 47.61% gain over the past 12 months.
HPQ stock climbed 2.56% on Monday, but was still down 11.23% since the start of 2025. The stock has also fallen 24.93% over the past year.
AMD & HPQ: Which Stock Do Analysts Prefer?
Turning to the TipRanks stock comparison tool, traders can see which of these two companies analysts favor. AMD stock has the better analysts’ consensus rating at Strong Buy, compared to Hold for HP. The average price target for AMD is also better, with a potential 3.98% upside, compared to a 1.07% upside potential for HPQ.
