AMD stock fell 12% despite Q4 data center revenue rising 39% to $5.4B as analyst cites software gaps and scale challenges versus Nvidia competition.

AMD stock was down about 2.5% in midday trading, recovering slightly after falling as much as 5% earlier in the session. The pullback followed reports that production of the company’s Instinct MI455X accelerators has been delayed as engineers work to resolve technical issues.

The market didn't appreciate AMD's latest quarterly results.

The chipmaker inked a deal with OpenAI in October that could see the startup take a 10% stake in AMD. OpenAI will deploy 6 gigawatts of AMD's Instinct graphics processing units over multiple years beginning with an initial 1-gigawatt rollout of chips in the second half of 2026, the companies said.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the AI Stocks to Watch. AMD may own a dominant position in the consumer and server CPU markets, but analysts believe it is still a catch-up AI accelerator player.

Traders were looking for a reason to take their gains off the table.

Advanced Micro Devices, Inc. (NASDAQ: AMD) will release earnings results for its fourth quarter, after the closing bell on Tuesday, Feb. 3. Analysts expect the Santa Clara, California-based company to report quarterly earnings at $1.24 per share, up from $ ...

Advanced Micro Devices, Inc. has surged 107.1% over the past year and easily outpaced rival NVIDIA Corp.'s gains of 63.8%. With both companies competing in the chip market, investors are left asking: can AMD continue its winning streak, and is it a good ...