AMD Stock Drops 1.97% on 46.06 Billion Trading Volume Ranking 11th as AI Server Unveiled

Volume AlertsFriday, Jun 13, 2025 7:56 pm ET
1min read

On June 13, 2025, Advanced Micro Devices (AMD) saw a trading volume of 46.06 billion, ranking 11th in the day's stock market activity. The stock experienced a decline of 1.97%, marking its third consecutive day of losses, with a total decrease of 5.74% over the past three days.

AMD's CEO, Lisa Su, recently unveiled a new artificial intelligence server scheduled for release in 2026. This server is designed to compete directly with Nvidia's top offerings, showcasing AMD's commitment to advancing AI technology. The new server will feature 72 MI400 processors, positioning it as a formidable competitor in the AI chip market.

At a launch event in San Jose, California, Su introduced the next-generation AI chips, which can be integrated into a "rack-scale" system. This development highlights AMD's strategic move to challenge Nvidia's dominance in the AI chip sector, which is projected to exceed $500 billion in the near future.

AMD's partnership with OpenAI was also a key highlight, with OpenAI CEO Sam Altman joining Su onstage to announce that OpenAI will utilize the MI400 series for its AI infrastructure. This collaboration underscores the growing importance of AI in the tech industry and AMD's role as a leading innovator in this field.

In addition to OpenAI, AMD has partnered with several other major companies, including Meta, xAI, Oracle, Microsoft, Astera Labs, and Marvell Technology. These partnerships further solidify AMD's position in the AI ecosystem and demonstrate its commitment to fostering an open AI environment.

AMD also showcased its AI server rack architecture, known as Helios, which combines MI400 chips into a larger system. This architecture is designed to rival Nvidia's Vera Rubin, expected to launch in 2026. The event also marked the launch of AMD's Instinct MI350 Series GPUs, which the company claims offer four times more computing power than the previous generation.

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