New York, Feb 13, 2026, 10:24 EST — Regular session
- AMD climbed $2.14, or 1.0%, to trade at $208.08 this morning
- D.A. Davidson initiated coverage, tagging the stock with a Neutral rating and setting a $220 price target.
- CEO Lisa Su and another AMD executive lined up share sales through Rule 144, according to filings.
Advanced Micro Devices picked up nearly 1% Friday, recovering slightly after a turbulent run for chip stocks. Shares were up $2.14 at $208.08. Nvidia slipped about 1.8%, while Intel managed a gain of roughly 1.3%.
This shift matters for AMD, which is working to persuade investors it can claim more of the data-center AI chip market—Nvidia still sets the standard most traders watch. Any new signal on rates, demand, or where it stands against rivals tends to move the stock quickly.
Wall Street recalibrated on Friday, digesting fresh coverage and insider-sale disclosures—moves that can shift near-term positioning, even if they leave the business itself untouched.
Risk appetite got a lift after a milder U.S. inflation reading. The Labor Department reported the Consumer Price Index gained 0.2% in January, putting the annual increase at 2.4%. (Bureau of Labor Statistics)
Rate-cut chatter lingered after the report, but the market barely budged. In a note from Reuters, Phil Orlando, chief market strategist at Federated Hermes, called the numbers “better than expected” and “good news for the Fed.” (Reuters)
D.A. Davidson’s Gil Luria launched coverage on AMD, Intel, Broadcom, and TSMC, tagging AMD with a Neutral rating and a $220 target. Luria called AMD “a marginal AI accelerator player … in the act of playing catch-up,” even as its CPU segment stays solid. (Investing)
Luria made the case that when it comes to building out massive AI clusters, the real challenge isn’t just about chip specs. He pointed to “interconnect and systems-integration”—areas, he noted, where Nvidia still holds sway. (Investing)
Elsewhere, a Form 144 filed on Feb. 11 revealed CEO Lisa Su intends to sell 125,000 shares, carrying a total market value of roughly $26.7 million. According to the document, the shares are to be sold under a Rule 10b5-1 trading plan adopted back on Sept. 9, 2025—a standard approach companies use to lock in sales ahead of time. (Advanced Micro Devices, Inc.)
Forrest E. Norrod filed another Form 144 on Feb. 11, this one indicating plans to sell 19,450 shares valued at roughly $4.2 million. The filing lists a 10b5-1 plan adoption date of June 6, 2025. (Advanced Micro Devices, Inc.)
AMD posted fourth-quarter revenue at $10.3 billion and earnings per share of $0.92 in early February, according to the company. Still, shares dropped as the market zeroed in on its forward guidance and the intensifying AI chip competition. (Advanced Micro Devices, Inc.)
AMD bulls face a clear risk here: if major customers stick with Nvidia’s platform, or continue bringing more AI chip development in-house, AMD’s accelerator growth may lag behind what the stock price expects. Insider sale notices only stir the pot further when the trade’s already twitchy.
Traders now turn their attention to Nvidia’s earnings and outlook on Feb. 25—keenly watched for signals on demand, pricing, and the broader AI-compute cycle, which often ripples through to AMD. (NVIDIA Newsroom)
