AMD Stock Rises on Rumor of 2027 GPU Lead Over Nvidia
AMD's stock has risen on rumors that the company is working on a next-gen gaming GPU for 2027. This could potentially give AMD an edge in the market, as Nvidia might not release its next-gen RTX portfolio until 2028.
The rumor comes from Kepler_L2, a hardware leaker who claims that AMD's new GPU will be the successor to the RX 9070 XT. If true, this would mean that AMD has a rare opportunity to introduce a new generation of gaming hardware while Nvidia is between product cycles.
Nvidia currently dominates the market, with 72.88% of users in the August 2026 poll of Steam hardware. However, even a short-term lead could give AMD an advantage among gamers looking for newer gear, provided that cost and availability cooperate.
AMD is also facing increased component costs, which may lead to higher prices for GPUs and CPUs. The company's stock has been positively received by Wall Street, with 29 Buy ratings and six Holds from TipRanks, and an average price target of $644.62.