Advanced Micro Devices AMD +1.62% ▲ stock rallied on Thursday after the CPU and GPU maker was named in new hardware rumors. The latest rumors claim to reveal details of core counts in the company’s upcoming Olympic Ridge line of CPUs, as well as what to expect from new Ryzen Medusa Point processors.
AMD’s Olympic Ridge CPUs will utilize the company’s next-generation Zen 6 architecture. With that comes the chance to make major changes to the production of these chips for higher performance. It looks like AMD has decided on CPU counts for the chips in this family, and it will likely target a wide range of use cases. The latest rumor suggests the Olympic Ridge line will feature six, eight, 10, and 12 core options, as well as variants with 8+8, 10+10, and 12+12 core options.
Another major rumor concerning AMD is related to the development of its Medusa Point APUs. These are chips that combine CPU and GPU features, offering decent performance to consumers who are on a budget or don’t require the power of a standalone GPU. This rumor claims the APUs will feature RDNA 4m integrated graphics, which appears to be a variant of the RDNA 4 made with mobile applications in mind.
AMD Stock Movement Today
AMD stock was up 1.15% on Thursday, extending a 75.28% rally over the past year. However, traders will note that the stock has fallen 5.46% year-to-date.
The AMD stock dip in 2026 is related to AI concerns, as investors grow wary of the massive price boosts companies have seen from the AI boom. For example, much of AMD’s year-over-year growth can be linked back to the increased demand for AI data servers. While that was great for investors, talk of AI having grown too quickly has started to weigh on the shares.
