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AMD Plummets 8.2% in Premarket Trading Despite Q2 Revenue Beating Expectations

2026-08-05 09:27:02

AMD4.64%

According to CNBC, AMD's stock fell 8.2% in premarket trading on Wednesday (August 5) despite beating earnings expectations. The chipmaker's Q2 revenue reached $11.54 billion, exceeding analyst expectations of $11.28 billion and reflecting a 50% year-over-year increase. Data center sales, a key driver, surged 107% to $6.7 billion, boosted by CPU and GPU product sales.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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