AMD Is Up 8% Today: Is It Outperforming Other Chip Stocks Like Intel and NVIDIA?

Quick Read

• Advanced Micro Devices (AMD) stock surged 8% intraday after Q1 2026 revenue reached $10.25B, up 38% year-over-year, with Data Center revenue jumping 57% to $5.78B and Q2 guidance at $11.2B implying 46% growth.

• Intel (INTC) stock gained 6.5% on reported talks to acquire AI chip startup Tenstorrent and Q1 revenue of $13.58B with 22% growth in Data Center and AI.

• NVIDIA (NVDA) stock rose 2%, trailing both peers after digesting prior gains while rotation into value-chip names like Intel pressured the NVDA share price.

• The analyst who called NVIDIA in 2010 just named his top 10 stocks and AMD wasn't one of them. Get them here FREE.

Shares of Advanced Micro Devices (NASDAQ:AMD) are up 8% in midday trading on Wednesday, leading the large-cap chip complex. The stock is bouncing off a soft week, with AMD shares having pulled back 8% over the prior five sessions before today's surge.

Intel (NASDAQ:INTC) is also higher, up 6.5% intraday after reports of talks to acquire AI chip startup Tenstorrent. NVIDIA (NASDAQ:NVDA) is trailing the group with a gain of 2%.

The analyst who called NVIDIA in 2010 just named his top 10 stocks and AMD wasn't one of them. Get them here FREE.

So yes, AMD stock is outpacing both peers today. However, the year-to-date scoreboard tells a more complicated story, with Intel sitting on a roughly tripled price and NVIDIA, the AI bellwether, lagging the trio in 2026.

Today's Chip Scorecard

AMD closed Tuesday near $414.05, while Intel ended around $110.80 and NVIDIA settled near $220.61. Each of the three traded lower over the prior week, setting up today's rebound dynamics across the group.

The pattern is clear. AMD stock leads today, Intel has been the surprise year-to-date champion, and NVIDIA is the relative laggard of the trio so far in 2026.

Part of today's pop is a clean bounce. After climbing 49% over the past month, AMD stock cooled into Monday, handing momentum buyers a more attractive entry. The fundamentals haven't changed, and Citi's recent $460 price target still anchors the bull case.

Advanced Micro Devices' Q1 2026 report on May 5 delivered revenue of $10.25 billion, up 38% year over year. Data Center revenue of $5.78 billion surged 57%, and management guided Q2 2026 to roughly $11.2 billion, implying 46% growth.

Advanced Micro Devices CEO Lisa Su asserted, "We delivered an outstanding first quarter, driven by accelerating demand for AI infrastructure... Customer engagement around MI450 Series and Helios is strengthening, with leading customer forecasts exceeding our initial expectations." AMD offers the cleanest broad-based AI exposure across EPYC server CPUs, Instinct GPUs, embedded, and client. When chip sentiment turns positive, AMD stock captures the widest beneficiary halo.