AMD Stock Slips Despite an FSR 4.1 Expansion to Older GPUs

Advanced Micro Devices (AMD) stock fell on Friday despite news that the semiconductor company is bringing its FSR 4.1 technology to more GPUs and consoles. An update from AMD will add FSR 4.1 support to RDNA 3 GPUs in July. Following that, the company will work to add support for RDNA 2 GPUs in 2027. Additionally, Microsoft’s (MSFT) Xbox Series X|S will also likely gain FSR 4.1 support around the same time as RDNA 2 GPUs, as the gaming console runs on this platform.

Recent analysis of FSR 4.1 and its potential on RDNA 2 GPUs supports the idea that Xbox could get a major power boost from the update. This could see the console improve to the point of it outperforming Sony’s (SONY) PlayStation 5 and possibly matching the PlayStation 5 Pro. While the PS5 and PS5 Pro also use AMD GPUs, reports don’t expect them to benefit as much as Xbox will from the update due to Sony’s focus on its own upscaling technology.

AMD’s decision to add FSR 4.1 support to older GPUs is welcome news for gamers. There have been calls for the upscaling technology to be added to previous generations of GPUs since it was revealed. This can help extend the life of these GPUs, which is important considering how expensive PC parts have become amid the AI boom.

AMD Stock Movement Today

AMD stock was down 3.94% on Friday, but was still up 101.7% year-to-date. The stock has also rallied 283.8% over the past 12 months.

AMD stock trading activity today saw some 14.44 million shares change hands, compared to a three-month daily average of about 32.47 million shares.

Is AMD Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for AMD is Strong Buy, based on 27 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $449.21, representing a potential 4.1% upside for the shares.