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stocksAug 4, 2026, 9:15 PM

AMD stock sinks over 8% afterhours despite slight earnings beat

Advanced Micro Devices shares dropped more than 8% in extended trading on Tuesday even though the chipmaker posted a modest earnings beat.

AMD

Advanced Micro Devices (AMD) reported quarterly results that slightly exceeded expectations, but investors sent the stock sharply lower in afterhours trading on Tuesday.

The semiconductor firm’s earnings beat forecasts, yet the market reaction was decisively negative, pushing the shares down over 8% after the closing bell.

No further details on the magnitude of the beat or full financials were provided in the source post.

Source: FXStreet Forex News