Advanced Micro Devices Stock Slides -21% With A 7-Day Losing Spree

-14.56%
Downside
216
Market
185
Trefis
AMD: Advanced Micro Devices logo
AMD
Advanced Micro Devices

Advanced Micro Devices (AMD) stock hit day 7 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -21% return. The company has lost about $90 Bil in value over the last 7 days, with its current market capitalization at about $331 Bil. The stock remains 68.7% above its value at the end of 2024. This compares with year-to-date returns of 12.3% for the S&P 500.

AMD’s recent streak reflects a broader tech sector pullback, fueled by renewed Federal Reserve rate anxieties and intensified competition in the burgeoning AI chip market from rivals like Nvidia and Intel. Investors also reassessed the stock’s valuation, compounding geopolitical supply chain concerns despite robust Q3 results.

What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact. Our take: There is not much to fear in AMD stock given its overall Strong operating performance and financial condition. But given its Very High valuation, the stock appears Relatively Expensive (see Buy or Sell AMD).

For quick background, AMD provides x86 microprocessors, accelerated processing units, chipsets, discrete and integrated GPUs, data center and professional GPUs, and development services across computing, graphics, enterprise, embedded, and semi-custom segments.

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Comparing AMD Stock Returns With The S&P 500

The following table summarizes the return for AMD stock vs. the S&P 500 index over different periods, including the current streak:
 

Return Period AMD S&P 500
1D -1.1% 1.0%
7D (Current Streak) -21.3% -3.6%
1M (21D) -13.3% -2.0%
3M (63D) 24.7% 2.5%
YTD 2025 68.7% 12.3%
2024 -18.1% 23.3%
2023 127.6% 24.2%
2022 -55.0% -19.4%

 
Take a look at what history tells you about whether past dips like this have been buying opportunities or traps: AMD Dip Buyer Analysis.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 46 S&P constituents with 3 days or more of consecutive gains and 20 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 23 10
4D 19 3
5D 1 5
6D 0 0
7D or more 3 2
Total >=3 D 46 20

 
 
Key Financials for Advanced Micro Devices (AMD)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $22.7 Bil $25.8 Bil
Operating Income $401.0 Mil $2.1 Bil
Net Income $854.0 Mil $1.6 Bil

Last 2 Fiscal Quarters:

Metric 2025 FQ2 2025 FQ3
Revenues $7.7 Bil $9.2 Bil
Operating Income $-134.0 Mil $1.3 Bil
Net Income $872.0 Mil $1.2 Bil

 
The losing streak AMD stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.