Advanced Micro Devices Inc (AMD · NASDAQ)

AMD shares fell 8.1% in the latest session and are down 19.3% over the past month, part of a broader semiconductor selloff tied to supply-chain warnings, though the stock remains up 26.8% versus its 200-day moving average. The decline comes despite strong fundamentals: June-quarter revenue rose 50.1% year over year to $11.54B, earnings grew 159.5%, and the company beat estimates in all of its last four reports, including a 23% beat in the most recent quarter. The balance sheet is solid, with $5.09B in cash against $4.28B in total debt and $1.56B in quarterly free cash flow. Valuation remains elevated at a P/E of 141 and EV/EBITDA of 92.79, with an RSI of 24 indicating the stock is deeply oversold after the pullback.