ET 02:12

AMD Shares Drop Post Weaker Sales Forecast

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[Para 1: The Lead] Advanced Micro Devices (AMD) shares fell over 6% in early Frankfurt trading on February 4, 2026, following the company's forecast of a slight decline in quarterly revenue. This downturn raises concerns about AMD's ability to effectively challenge Nvidia in the booming AI market. [Para 2-3: Supporting details & Context] The stock closed Tuesday's session down 1.7%. Despite this, AMD shares have risen 13.1% so far this year. AMD's revenue forecast, announced on February 4, 2026, indicates a 1% decrease from the previous quarter. The market reaction highlights investors' concerns about AMD's competitive position in the semiconductor industry. AMD's stock symbol is AMD.

EditorThomas Ho