๐ AMD $AMD slides ~5% โ record Q2 results were not enough to clear Wall Street's sky-high AI bar
Advanced Micro Devices beat on both revenue and EPS, but the stock still dropped because traders priced in something extraordinary. As one analyst put it: this was not an exceptional result, and it was priced for one. AMD remains up roughly 132% year-to-date, so some see this as a healthy dip in an epic run. Not financial advice. Buy the pullback or a warning signal for chip stocks broadly?