AMD unveiled new AI-powered PC and workstation processors at Computex, aiming to gain market share from Intel, while also announcing a strengthened partnership with Asus, who will use AMD Ryzen processors in their new commercial PCs. The new AMD computers will offer over 50 TOPS of NPU performance and support Microsoft Copilot+, as AMD looks to bring AI acceleration to the enterprise. Despite these announcements, AMD and Intel stocks have been underperforming, with AMD's market share for x86 PC CPUs increasing to 24.4% in Q1, while Intel's decreased to 75.6%.
Advanced Micro Devices (AMD) has introduced its latest AI-focused processors for PCs and workstations at the Computex trade show, notably the Ryzen AI Pro 300 series designed to deliver over 50 TOPS (trillions of operations per second) of neural processing unit (NPU) performance and support Microsoft Copilot+ experiences, signaling a strategic push into AI-accelerated enterprise solutions. This initiative is reinforced by a strengthened partnership with Asus, which will incorporate AMD Ryzen processors into its new Asus Expert P Series Copilot+ commercial PCs. Despite these product advancements and a demonstrable gain in Q1 x86 PC CPU market share, rising to 24.4% from 20.8% year-over-year according to Mercury Research, while rival Intel's share declined to 75.6% from 79.2%, both AMD and Intel stocks have exhibited lagging performance. AMD stock closed at $113.51 after a 1.1% decline on Tuesday and holds a low IBD Relative Strength Rating of 23, similar to Intel's rating of 24, indicating significant underperformance relative to the broader market over the past 52 weeks. Intel also made competitive announcements regarding new graphics processing units and AI accelerators at Computex, underscoring the ongoing intense rivalry in the semiconductor sector.
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