Advanced Micro Devices (AMD) stock slipped on Tuesday after new leaks revealed possible details about the semiconductor company’s upcoming CPUs. These leaks, which come from chi11eddog, cover new Ryzen 7 and Ryzen 9 CPUs in development at AMD. According to these leaks, AMD is prepping for the release of its Ryzen 7 9850X3D and Ryzen 9 9950X3D2 CPUs.
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The leaks include quite a bit of information about the upcoming CPUs, including specs. For example, the Ryzen 7 9850X3D is expected to be an eight-core, 16-thread chip with a 120W TDP and 96 MB of L3 cache, with clock speeds up to 5.6 GHz. The Ryzen 9 9950X3D2 will reportedly be a 16-core, 32-thread CPU with a 200W TDP and 192 MB of L3 cache, with clock speeds up to 5.6 GHz.
Other details about these chips, such as the price, are unknown. With these being the latest high-end chips from AMD, it’s possible they will have a higher price tag than their predecessors, especially as inflation and the trade war have heavily impacted the semiconductor sector.
AMD Stock Movement Today
AMD stock was down 2.27% on Tuesday but remained up 94.64% year-to-date. The shares have also rallied 56.12% over the past 12 months. Today’s drop may be tied to the top clock speed of the Ryzen 9 9950X3D2. Its alleged 5.6 GHz maximum would be below the 5.7 GHz offered by the Ryzen 9 9950X3D.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 29 Buy and 10 Hold ratings over the past three months. With that comes an average AMD stock price target of $249.92, representing a potential 6.22% upside for the shares.
