AMD set to report Q3 results as AI hopes collide with a chip selloff
Photo: Crypto Briefing
Wall Street expects strong data center growth, but AMD shares enter earnings nearly 30% below their recent all-time high Advanced Micro Devices reports third-quarter results after the closing bell on Tuesday, November 3. The stock is arriving the way a marathoner shows up at mile 25: technically still running, visibly wobbling. Shares dropped nearly 11% on Friday and kept sliding Monday. AMD itself put out no news. The pressure came from a broader retreat across chip stocks. The result is a stock sitting nearly 30% below the all-time high it set less than a month ago.
Source: Crypto Briefing
