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AMD Stock Slips as Gamers Call for FSR 4 Support on RDNA 3 and RDNA 2 GPUs
Advanced Micro Devices AMD -1.09% ▼ stock was down on Friday as gamers beg the company to bring FSR 4 support to older AMD GPUs. AMD’s FSR 4 support doesn’t extend to its RDNA 3 and RDNA 2 GPUs, only being available on new models. However, leaks have shown that the graphics upscaling technology is compatible with those GPUs.
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Now, gamers are taking every chance they can to ask AMD to add FSR 4 support to its legacy GPUs. Case-in-point is the company’s latest announcement video for its Ryzen 9 9950X3D2 CPU. VideoCardz.com looked through the comments of this video, and found that nearly one-third of them requested AMD to bring FSR 4 support to RDNA 3 and RDNA 2 GPUs.
AMD’s reluctance to add FSR 4 support to older GPUs makes sense. The company is more focused on its modern offerings, as well as the ongoing AI boom. This could be preventing it from dedicating time to aging GPU architectures that came out four to six years ago. However, AMD has a reputation for offering long-term support for its products, and refusing to continue support of older products could harm the company’s reputation with consumers.
AMD Stock Slips Today
AMD stock was down 1.23% on Friday, extending a 7.13% year-to-date drop. Despite this fall, the shares were still up 97.41% over the past 12 months.
AMD stock movement today saw some 11.3 million shares change hands, compared to a three-month average daily trading volume of about 33 million shares.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 21 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $284.96, representing a potential 41.42% upside for the shares.
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