AMD shares rose 2% on Friday after the chipmaker announced the launch of new artificial-intelligence tools with Perplexity. The partnership makes Perplexity’s Portable Computer available on Windows PCs powered by AMD Ryzen AI Max chips, including the Ryzen AI Halo developer platform.

The announcement expands AMD’s push into AI-powered personal computers and agentic PCs. Users can run AI tasks directly on their own machines and create repeat workflows without using Perplexity Computer credits for inference, meaning the processing for those tasks is handled by the PC’s own hardware rather than by metered cloud usage. AMD discussed the launch in an official announcement.

Advanced Micro Devices, Inc. (NASDAQ: AMD) has been developing this category for several years. In 2023, the company launched what it described as the first AI PCs with a dedicated neural processing unit — a silicon block built specifically to accelerate AI workloads — integrated into an x86 chip. In 2025, AMD expanded its focus to agentic PCs, which can run AI agents locally instead of relying entirely on cloud-based systems.

What AMD Said About the Launch

Jack Huynh, AMD’s senior vice president and general manager of the Computing and Graphics Group, discussed the announcement on Wednesday.

“We’re entering a new era of computing, where personal AI transforms the PC from a tool into an intelligent partner,” Huynh said. He added that the PC is becoming capable of understanding, reasoning and acting alongside its user.

Huynh said Ryzen AI Max chips allow AI models and agents to run directly on a PC. This gives users the flexibility to perform work locally while still accessing larger, cloud-based reasoning capabilities when needed.

The chips combine CPU and GPU performance with a large shared memory pool, an architecture in which the processor and graphics hardware draw on the same pool of memory. According to AMD, that configuration enables local AI models to run alongside everyday applications without slowing them down.

Perplexity provides the model and agent tools through its Portable Computer product. The two companies said the combination is intended to make agentic PCs practical for everyday use rather than limiting them to a niche application — a stated goal that gives readers a concrete benchmark to watch as the tools reach users.

How Wall Street Views AMD Stock

Most AI activity currently takes place in the cloud, which is why AMD has spent several years working to bring AI capabilities onto the PC itself. The company’s strategy centers on enabling AI agents to operate on personal computers rather than depending entirely on remote infrastructure, positioning local computing as an additional way for users to run AI tasks as demand grows.

AMD’s stock move on Friday followed the announcement. The partnership is another development for investors tracking the company’s AI PC strategy, although the article does not establish that the partnership will produce a specific financial outcome.

Wall Street already had a favorable view of AMD before the news. The consensus rating was Strong Buy, based on 30 Buy ratings and six Hold ratings issued during the previous three months. Those ratings capture sentiment prior to the Perplexity announcement rather than a reaction to it. Analysts had set an average price target of $648.07 for AMD stock, and no Sell ratings were listed among the analysts tracked.

The Perplexity partnership adds to AMD’s efforts to develop PCs capable of running AI models and agents locally. For now, AMD’s 2% Friday gain followed the announcement of the new tools, and whether local agentic workflows move beyond developer platforms such as Ryzen AI Halo into everyday consumer use is the follow-on development to watch.

Source: CoinCentral.