AMD Stock Rises on Ryzen 9 9950X3D2 Dual Edition Debut

1 min read
Source: TipRanks
AMD Stock Rises on Ryzen 9 9950X3D2 Dual Edition Debut
Photo: TipRanks
TL;DR

AMD stock rose about 3.5% after the Ryzen 9 9950X3D2 Dual Edition launch, the most expensive Ryzen CPU yet at an $899 MSRP. The chip features 16 Zen 5 cores, 32 threads, 4.3 GHz base and 5.6 GHz boost, 192 MB L3 cache, 16 MB L2 cache, and 200W TDP, but reviewers say it’s niche and may not broaden appeals beyond specific use cases. Trading volume was around 14.8 million shares versus a 3-month average of ~32.5 million, and the stock sported a strong year-to-date rally. Analysts remain moderately bullish with a consensus of Moderate Buy and a price target around $287.33, implying modest upside as AMD continues to emphasize AI initiatives alongside its consumer CPUs.

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