#AMDSharesSlideNearly10% #
AMD has had a few ∼10% drops this year. The most recent one:
What happened - June 2026
This week: AMD fell 10% according to Quiver data on June 6, 2026
Tuesday close: Chip stocks dragged indexes lower. AMD was down between 6.5% and 10% alongside Intel, Sandisk, Western Digital, Marvell
June 10: Ended at $452.21, down -4.9% on the day vs S&P -1.62% e1a485a86beb
Why it’s sliding
AI expectations vs reality: Same story as 2024/2025. AMD’s data center AI revenue grew 14% to $3.2B but missed expectations. Jefferies: "AI outlook did not show the sort of upside some investors were looking for". Nvidia’s data center jumped 73% in comparison
China headwind: CEO Lisa Su said AI chip revenue declined YoY because of US restrictions on MI308 exports to China. Q1 guidance included only ∼$100M of MI308 sales to China
Guidance disappointment: Feb 2026 Q4 beat — $1.53 EPS vs $1.32 est, $10.27B revenue vs $9.67B est — but Q1 guidance of $9.8B was seen as modest. Stock plunged 11% post-earnings
Insider selling: 83 insider sales in 6 months, 0 purchases. CEO Lisa Su sold 460,000 shares for ∼$126M
Sector rotation: Chip stocks sold off Tuesday after Samsung dropped 7% in Korea despite strong results. Tech names got hit amid Middle East tensions and US revoking Iran oil license 2b8db64ae1a485a8
Context
Valuation: Trades ∼32x forward earnings vs Nvidia 36x
52-week range: $135.91 low to $584.73 high. Current ∼$557.89, so still up big YTD
AI narrative: Analysts worried about "lumpiness" in 2025 business and whether AMD can provide upside to $8-9B AI estimates ce6dabce
Bright spots
New Venice EPYC processor on TSMC 2nm + 5th Gen EPYC for Oracle Cloud helped drive a 10% bounce in a prior week
Analysts expect full-year 2026 revenue $48.69B, +40.57% YoY 91f36beb
Bottom line: This isn’t a fundamentals collapse — it’s an "AI name" getting punished for guiding inline instead of blowing out estimates. Market wants faster data center growth to justify the multiple.
AMD has had a few ∼10% drops this year. The most recent one:
What happened - June 2026
This week: AMD fell 10% according to Quiver data on June 6, 2026
Tuesday close: Chip stocks dragged indexes lower. AMD was down between 6.5% and 10% alongside Intel, Sandisk, Western Digital, Marvell
June 10: Ended at $452.21, down -4.9% on the day vs S&P -1.62% e1a485a86beb
Why it’s sliding
AI expectations vs reality: Same story as 2024/2025. AMD’s data center AI revenue grew 14% to $3.2B but missed expectations. Jefferies: "AI outlook did not show the sort of upside some investors were looking for". Nvidia’s data center jumped 73% in comparison
China headwind: CEO Lisa Su said AI chip revenue declined YoY because of US restrictions on MI308 exports to China. Q1 guidance included only ∼$100M of MI308 sales to China
Guidance disappointment: Feb 2026 Q4 beat — $1.53 EPS vs $1.32 est, $10.27B revenue vs $9.67B est — but Q1 guidance of $9.8B was seen as modest. Stock plunged 11% post-earnings
Insider selling: 83 insider sales in 6 months, 0 purchases. CEO Lisa Su sold 460,000 shares for ∼$126M
Sector rotation: Chip stocks sold off Tuesday after Samsung dropped 7% in Korea despite strong results. Tech names got hit amid Middle East tensions and US revoking Iran oil license 2b8db64ae1a485a8
Context
Valuation: Trades ∼32x forward earnings vs Nvidia 36x
52-week range: $135.91 low to $584.73 high. Current ∼$557.89, so still up big YTD
AI narrative: Analysts worried about "lumpiness" in 2025 business and whether AMD can provide upside to $8-9B AI estimates ce6dabce
Bright spots
New Venice EPYC processor on TSMC 2nm + 5th Gen EPYC for Oracle Cloud helped drive a 10% bounce in a prior week
Analysts expect full-year 2026 revenue $48.69B, +40.57% YoY 91f36beb
Bottom line: This isn’t a fundamentals collapse — it’s an "AI name" getting punished for guiding inline instead of blowing out estimates. Market wants faster data center growth to justify the multiple.