AMD Stock Slips Despite a Positive Trend Among PC Gamers

Business Insider

20 hours ago

Advanced Micro Devices (AMD) stock slipped on Friday even as the semiconductor company gained market share against Intel (INTC) in the PC gaming space. The June 2025 Steam Hardware & Software Survey showed that 39.65% of users have an AMD processor installed, compared to 60.27% with an Intel (INTC) chip.
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Investors might look at that data and think it's not a win for AMD, but it's all about perspective. Jumping back five years to the July 2020 Steam Hardware & Software Survey, AMD only had a 23.73% share of the market, while Intel easily dominated the PC gaming landscape with a 76.27% share. This shows that AMD has consistently increased its market share while eroding Intel's firm grip on the sector.
It took AMD just five years to steal away 16% of Intel's market share in the PC gaming space. If that rate remains steady, then AMD could surpass Intel as the processor leader on the Steam Hardware & Software Survey. This would result in AMD potentially holding roughly 56% of the market, pushing it above a hypothetical 44% share for Intel.
What Does This Mean for AMD Stock?
If the recent trend continues, AMD stock could benefit from a switch of leadership in the processor sector. This could be aided by troubles at Intel, such as those seen in its 13th and 14th generation Core processors. Intel has also struggled with switching to smaller, more efficient chip designs, giving AMD a leg up over its rival.
Investors interested in AMD will note the stock was down 0.31% on Friday morning. Even so, the shares have climbed 17.63% year to date but were fallen 20.62% over the past 12 months.
AMD vs. Intel: Which Stock Do Analysts Prefer?
Turning to the TipRanks stock comparison tool, analysts prefer AMD stock with a consensus Moderate Buy rating, compared to a Hold for Intel. However, both shares offer downside potential, with AMD at 5.39% and INTC at 8.59%.