Overview
- The stock fell about 5.6% on Thursday by 3 p.m. ET and another 4.2% on Friday by 2 p.m. ET, extending the decline.
- AMD beat some quarterly estimates, but its revenue guidance disappointed investors looking for faster AI-driven growth.
- Bearish macroeconomic data and rising competitive pressures in AI hardware added to the pullback.
- Management highlighted strong sales and profit with ongoing demand for data center and AI products despite the softer outlook.
- Even after this week’s slide, shares were still up roughly 89% for 2025 at the time of Friday’s report, according to Motley Fool.