Advanced Micro Devices Inc (AMD · NASDAQ)

AMD shares fell 6.0% in the last session and are down 13.0% over five days, closing at $528.75 — 18.6% below their 52-week high though still 34.1% above the 200-day moving average, with RSI(14) at 29. The decline comes despite strong fundamentals: revenue rose 50.1% year over year to $41.31B TTM, earnings grew 159.5%, and the company beat estimates in all of its last four quarters, most recently reporting $1.66 versus $1.35 expected. The June 2026 quarter showed sequential acceleration, with revenue of $11.54B and operating income of $1.99B, up from $10.25B and $1.48B the prior quarter. The balance sheet remains lightly levered at 0.4x debt/EBITDA with $5.09B in cash, though the stock trades at a P/E of 134.89 and EV/EBITDA of 92.79.