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AMD Stock Slips Despite Strong Earnings as AI Chip Restrictions Weigh on Sentiment

AMD Stock Slips Despite Strong Earnings as AI Chip Restrictions Weigh on Sentiment

Published:
2025-08-06 19:41:01
16
2
BTCCSquare news:

Advanced Micro Devices delivered better-than-expected Q2 sales and upbeat guidance, yet shares fell 7% as an $800 million charge from US-China AI chip restrictions overshadowed results. The semiconductor firm's gaming segment outperformed while data center margins took a hit.

Bank of America and Wedbush analysts note potential upside from Chinese market recovery in H2, contingent on stable trade relations. AMD's MI355X AI chip ramp and projected double-digit growth failed to offset valuation concerns after the stock's 80% pre-earnings rally.

|Square

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