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AMD Stock Climbs as Chipmaker's Gaming GPUs Gain Market Share in Japan

Advanced Micro Devices headquarters.

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Key Takeaways

  • AMD shares rose Monday as the chipmaker reportedly said it gained market share in Japan.
  • The company competes with Nvidia, which has been hindered by supply chain issues.
  • AMD's stock has struggled over the past year amid concerns over the company's AI revenue.

Advanced Micro Devices (AMD) shares climbed Monday as the chipmaker’s gaming GPUs♌ gained market share in Japan.

At a product launch event in Japan, AMD said its latest Radeon series offerings have helped boost its market share to 45% in Japan, according to a report from Tom’s Hardware. The company competes with Nvidia (NVDA), which has been hindered by 澳洲幸运5开奖号码历史查询:supply chain issues.

“AMD isn't used to selling [so many] graphics cards,” AMD Japan Marketing Manager Yoshiaki Sato reportedly said. 

Shares of AMD rose close to 4% Monday, but have lost nearly half of their value over the past 12 months amid concerns about the 澳洲幸运5开奖号码历史查询:chipmaker's AI revenue and ability to compete with Nvidia.

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  1. Tom’s Hardware. “.”

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