Advanced Micro Devices Inc. ($AMD) Stock Forecast: Down 6.6% Today

What is Advanced Micro Devices Inc.?

AMD (Advanced Micro Devices) is a leading semiconductor company known for its processors and graphics cards. The company operates in various segments, including data centers, gaming, and embedded solutions.

Why is Advanced Micro Devices Inc. going down?

AMD stock is down 6.6% on Feb 5, 2025 20:43

• AMD shares experienced a bearish movement due to disappointing data center revenue, which fell short of estimates.
• The CEO's guidance of a 7% decline in data center revenue for the first quarter contributed to the stock's drop.
• Despite beating analyst estimates on the top and bottom lines, concerns over data center growth weighed on AMD shares.
• Analysts pointing out Nvidia's potential lead in AI GPU performance and value may have added pressure on AMD's stock price.

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AMD shares drop 7% on disappointing data center revenue

Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street's estimates for its important data center business.

https://www.cnbc.com/2025/02/05/amd-shares-drop-10percent-on-disappointing-data-center-revenue.html

AMD Shares Drop After CEO Guides Q1 Data Center Revenue Down 7% - Advanced Micro Devices ( NASDAQ:AMD )

AMD executives reveal data center revenue is expected to decline by about 7% in the first quarter. "We continue to believe Nvidia is opening a gap against AMD in AI GPU performance and value," analyst Kinngai Chan says. NOW OPEN: 200 Charter Memberships to Benzinga Trade Alerts

https://www.benzinga.com/news/earnings/25/02/43502339/amd-shares-drop-after-ceo-guides-q1-data-center-revenue-down-7

AMD Q4 Earnings Beat Estimates, Shares Down on Weak Guidance

Advanced Micro Devices' Q4 2024 results reflect robust Client and Data Center revenues, offsetting weakness in the Gaming and Embedded segments.

https://www.zacks.com/stock/news/2410294/amd-q4-earnings-beat-estimates-shares-down-on-weak-guidance

Jim Cramer's top 10 things to watch in the stock market Wednesday

Wall Street was looking at a lower open as shares of Alphabet and Advanced Micro Devices sank after their earnings reports.

https://www.cnbc.com/2025/02/05/jim-cramers-top-10-things-to-watch-in-the-stock-market-wednesday.html

What's Going On With AMD Stock Wednesday? - Advanced Micro Devices ( NASDAQ:AMD )

AMD beats analyst estimates on the top and bottom lines, but data center growth appears to be weighing on shares. BofA Securities analyst Vivek Arya maintains a Neutral rating and lowers the price target from $155 to $135. NOW OPEN: 200 Charter Memberships to Benzinga Trade Alerts

https://www.benzinga.com/analyst-ratings/price-target/25/02/43495077/whats-going-on-with-amd-stock-wednesday

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Advanced Micro Devices Inc. Price History

29.10.2024 - AMD Stock was up 3.6%

• Speculation that AMD could surpass its competitor in the AI chip market may have given investors more confidence in the company's future growth prospects, fueling the positive momentum.
• The decision of a prominent investor to purchase AMD shares possibly contributed to the optimistic market sentiment as her investment choices are closely monitored by many.
• The increase in production of advanced 2nm chips by a major chipmaker, with AMD among the initial clients, reflects a strong demand for cutting-edge technology that could benefit AMD in the market.
• While recent financial results indicated a decrease, the overall positive market outlook driven by key investments and industry developments appeared to overshadow any short-term challenges, resulting in the rise of AMD's stock.

30.09.2024 - AMD Stock was down 10.4%

• AMD's Q3 earnings surpassed expectations, but a weak Q4 outlook caused a sell-off.
• Despite advancements in AI and positive feedback from Jim Cramer, chip stocks, including AMD, faced a negative market sentiment.
• The post-earnings decline in AMD was viewed as a buying opportunity, reflecting short-term selling and faith in the company's long-term growth.
• Today's bearish movement in AMD was driven by profit-taking, performance concerns, and broader market impacts on chip stocks.

30.09.2024 - AMD Stock was down 10.4%

• Despite strong advancements in AI and surpassing Q3 earnings expectations, AMD's dim Q4 forecast raised concerns among investors, leading to a downtrend in its stock value.
• Negative attitudes towards chip stocks, including AMD, attributed to market sympathy and weak segments, played a role in the declining trend.
• The drop in AMD's stock price following earnings, viewed as a buying opportunity by some, reflects a turbulent period for the company as investors weigh mixed reactions to its performance and future prospects.

30.09.2024 - AMD Stock was down 8.0%

• AMD shares declined today, possibly influenced by a broader drop in chip stocks such as Nvidia and Broadcom, which were trading lower in line with AMD.
• Despite reporting strong Q3 earnings, with revenue surpassing estimates and the anticipation of significant growth opportunities, the stock slid as the forecast did not meet investor expectations, particularly when compared to competitors like Nvidia and Broadcom.
• Analysts on Wall Street see AMD's post-earnings decline as a chance to purchase shares, suggesting a potential rebound in the stock price in the future.
• The overall sentiment surrounding AMD is positive, with a significant 122% increase in data center revenue and promising growth prospects driven by the rising demand for its products.

30.09.2024 - AMD Stock was down 6.2%

• Despite AMD's recent drop in stock value following its financial report, this downturn is being viewed by some as an opportunity for investment, suggesting that the market may perceive the decrease as temporary and potentially undervalued.
• Despite witnessing robust growth in the AI sector, AMD's future outlook failed to excite investors, causing a decrease in stock value in comparison to competitors such as Nvidia and Broadcom, who have exhibited more significant gains in the year 2024.
• While AMD's Q3 financial results exceeded expectations, it appears that the market had anticipated even more robust performance, contributing to the bearish trend witnessed in trading.
• Speculation regarding Intel's projected sharp decline in quarterly revenue may have also influenced AMD's stock negatively, as challenges within the semiconductor industry have the potential to create a domino effect across competing companies.

05.01.2025 - AMD Stock was down 6.6%

• AMD shares experienced a bearish movement due to disappointing data center revenue, which fell short of estimates.
• The CEO's guidance of a 7% decline in data center revenue for the first quarter contributed to the stock's drop.
• Despite beating analyst estimates on the top and bottom lines, concerns over data center growth weighed on AMD shares.
• Analysts pointing out Nvidia's potential lead in AI GPU performance and value may have added pressure on AMD's stock price.

05.01.2025 - AMD Stock was down 7.0%

• AMD reported strong earnings and sales results for the fourth quarter, beating analyst estimates. However, the stock experienced a significant decline due to concerns over slower-than-expected growth in its data center segment.
• The appointment of Victor Peng, former President of AMD, to Microchip Technology's Board of Directors may have indirectly impacted AMD's stock as investors speculate on potential implications for both companies.
• The overall negative sentiment in the tech sector, as indicated by the decline in Nasdaq futures and other big tech stocks like Alphabet and Chipotle, likely contributed to the bearish movement in AMD's stock price.

05.01.2025 - AMD Stock was down 5.8%

• AMD saw significant bearish movement driven by:
• The CEO's projection of a 7% drop in data center revenue for the first quarter, disappointing investors and hinting at challenges in that sector.
• Analyst worries about AMD lagging behind Nvidia in AI GPU performance and added value, contributing to negative market sentiment.
• Despite surpassing earnings and revenue estimates, concerns about data center growth overshadowed the positive results, leading to a decline in the stock.
• Pre-market trading revealed an 8.6% decrease in AMD shares, reflecting investor anxiety after the less favorable growth forecast for data center revenue.
• In conclusion, the bearish trend in AMD can be attributed to apprehensions surrounding data center revenue, perceived competition in the AI GPU market, and the impact of the earnings report on overall market sentiment.

08.00.2025 - AMD Stock was down 7.0%

• The drop in AMD's stock price may be linked to investors taking profits following a recent upward trend.
• AMD's AI, gaming, and commercial portfolios' growth could be a potential long-term stock booster.
• Unusual options activity indicates conflicting investor sentiments, potentially leading to increased stock volatility.
• The introduction of AMD Ryzen AI PRO processors in new Dell commercial PCs underscores the company's commitment to innovation and market expansion, which could positively influence its stock performance in the future.

08.00.2025 - AMD Stock was down 5.7%

• The bearish movement in AMD's stock might be due to profit-taking by investors following a period of strong growth.
• The partnership between Absci and AMD to boost AI drug discovery capabilities could have shifted focus from AMD's core business, resulting in a temporary decline in the stock price.
• The collaboration between Nvidia and MediaTek aiming to challenge Intel and AMD in the desktop CPU market might have raised concerns among investors about heightened competition in the semiconductor industry.
• Despite the recent dip, AMD's expanding AI, gaming, and commercial portfolios are anticipated to fuel future growth and potentially reverse the current downward trend in the stock price.

31.09.2024 - AMD Stock was down 5.2%

• The launch of the new AMD Ryzen 7 9800X3D processor intended for gamers potentially created elevated expectations. However, market response may have been affected by uncertainties surrounding the product's actual performance and reception.
• While CEO Lisa Su conveyed an optimistic viewpoint on AMD's standing in the AI market, investors could have been underwhelmed by the company's Q4 projections, prompting a sell-off of shares.
• The increased investment from Cathie Wood in AMD initially drove the stock up. Yet, the subsequent decline might signify profit-taking or a change in market sentiment.
• Analysts pointing out the substantial long-term AI growth prospects for AMD may have been overshadowed by worries about competition from NVIDIA, leading to a negative impact on the stock's performance.

19.11.2024 - AMD Stock was down 5.8%

• AMD closed at $125.02, reflecting a -1.32% change from the previous day, indicating a more significant decline compared to the wider market.
• The bearish momentum observed from investors with significant capital, evident from publicly available options history, likely influenced the downward pressure on AMD's stock.
• Market sentiment, encompassing concerns about global geopolitical tensions such as "Cold War 2.0" and its potential repercussions on the technology sector, may have also impacted AMD's stock performance negatively.
• It is prudent for investors to track both company-specific advancements and broader market trends to make well-informed decisions regarding their positions in AMD amid the existing market conditions.