AMD stock price slips after early pop as OpenAI chip hunt meets earnings day
New York, Feb 3, 2026, 10:45 (EST) — Regular session.
- AMD shares fell about 1.1% after opening higher, with results due after the bell
- A Reuters report on OpenAI’s search for alternatives to some Nvidia chips kept focus on AI “inference” demand
- Traders are braced for guidance on data-center growth and the AI accelerator roadmap
Advanced Micro Devices shares fell 1.1% to $243.50 in late morning trade, after opening at $251 and briefly touching $252.52. The stock was last down $2.77 from Monday’s close, and had traded as low as $241.94.
The move followed a Reuters report late Monday that OpenAI is unhappy with the inference performance of some of NVIDIA’s newest AI chips and has explored…
