AMD — Advanced Micro Devices, Inc. - Common Stock
Session close: $449.04. Regular-session share volume: 38,898,407. Change from previous close: +11.04%.
Key developments
AMD shares rebounded after a steep prior-session rout, with reporting tying the bounce to investors buying back beaten-down AI and chip names. Coverage noted AMD's recent quarterly results beat estimates on data-center strength, with data-center revenue nearly doubling year over year.
Company news Micron, AMD, SanDisk Lead AI Stock Bounce as Investors Buy the Dip · Company news AMD Shares Rebound 7% Premarket After 17% Rout: Here's What's Happening · Market context — Mentions AMD in the article text. Moderna, JFrog, TransMedics, Ubiquiti And Other Big Stocks Moving Higher On Friday
The selloff was attributed to concerns that Democratic midterm gains could slow data-center construction, plus China's delay in approving certain Nvidia chip imports and a soft Qualcomm outlook. One research firm warned AI stocks could fall further if infrastructure spending pushes rates higher, and a Bank of America note said chip valuations now sit at a discount to the market, with AMD named a high-beta leader in a sharp recovery scenario.
Company news Micron, AMD, SanDisk Lead AI Stock Bounce as Investors Buy the Dip · Market context — Mentions AMD in the article text. AI Stocks Could Fall Further Despite Surging GPU Demand, Research Firm Warns · Market context — Mentions AMD in the article text. Chip Stocks Are Now Cheaper Than the S&P 500 — Something Unseen During the Entire AI Boom
Market context: chipmakers led a broad rebound as a strong jobs report eased economic fears, though the semiconductor index remained well below its June peak.
Market context — Mentions AMD in the article text. Nasdaq 100 Rebounds 2% After Worst Day Since 2020, Payrolls Smash Estimates: Stock Market Today · Market context — Mentions AMD in the article text. Chip Stocks Are Now Cheaper Than the S&P 500 — Something Unseen During the Entire AI Boom
News sources
Company news Micron, AMD, SanDisk Lead AI Stock Bounce as Investors Buy the Dip · Company news AMD Shares Rebound 7% Premarket After 17% Rout: Here's What's Happening · Company news Intel and AMD in Focus as Tech Stocks Seek Rebound · Company news AMD Stock Soars After Thursday's Rout. AI Fears Take a Back Seat · Company news NVIDIA and AMD Sell-Off: Which AI Stock Is the Better Buy on the Dip? · Market context — Mentions AMD in the article text. AI Stocks Could Fall Further Despite Surging GPU Demand, Research Firm Warns · Market context — Mentions AMD in the article text. Nasdaq 100 Rebounds 2% After Worst Day Since 2020, Payrolls Smash Estimates: Stock Market Today · Market context — Mentions AMD in the article text. Chip Stocks Are Now Cheaper Than the S&P 500 — Something Unseen During the Entire AI Boom · Market context — Mentions AMD in the article text. Moderna, JFrog, TransMedics, Ubiquiti And Other Big Stocks Moving Higher On Friday · Company mentioned — Mentions AMD in the article text. October Payrolls Smash Estimates at 165K, Jobless Rate Falls to 4.1% (UPDATED) · Company mentioned — Mentions AMD in the article text. NVIDIA Claws Back Losses After $400 Billion Bloodbath, but the AI Scare Isn't Over