AMD shares hit fresh highs as AI agent demand boosts chip sales

Shares of Advanced Micro Devices climbed to fresh highs this week, driven in part by growing enthusiasm for personal artificial intelligence agents, including Meta's "Muse" assistant, according to a report from CNBC.

The surge in interest around AI agents designed to run tasks on behalf of individual users appears to be translating into stronger demand for the processors that power them. CNBC reported that the trend has lifted both AMD and rival chipmaker Intel, with the two companies outperforming larger technology peers over the past month.

AI agents driving chip demand

Personal AI agents, software designed to handle tasks such as scheduling, research and everyday decision-making on a user's behalf, have become one of the fastest-growing categories in consumer technology. As adoption spreads, chipmakers that supply the processors needed to run these agents stand to benefit.

According to the report, this "personal agent boom" has been a key factor behind AMD and Intel's recent stock performance, with both companies' shares rising faster than those of the industry's largest technology firms over the same period.

Neither AMD nor Intel has issued a detailed breakdown attributing specific sales figures to AI agent demand. The broader shift toward AI-agent-driven computing is expected to remain a focal point for chipmakers in the coming months as more companies, including Meta, continue to expand their AI agent offerings.