AMD Stock Sinks After Earnings Despite 132% Surge in 2026
Earnings·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
AMD's stock has seen a significant increase of 132% so far in 2026, largely benefiting from the AI boom. However, CEO Lisa Su has dismissed Elon Musk's commitment to Nvidia, which may have influenced investor sentiment following the earnings report.
The company's recent earnings announcement has led to a decline in its stock price, raising concerns among investors despite the overall positive performance this year. AMD continues to navigate a competitive landscape in the semiconductor industry.
AMDLisa SuElon Musk
Sources
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SourceReports the news
“The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.”
CNBC — Lisa Su brushes off Musk's Nvidia commitment as AMD stock sinks after earnings