AMD's Results Sparked a Sell-Off—But That's Your Buy Signal

Advanced Micro Devices TodayAMDAdvanced Micro Devices$160.32 -13.99 (-8.02%) 52-Week Range$76.48▼$182.50P/E Ratio118.59Price Target$173.52Add to WatchlistAMD’s NASDAQ: AMD Q2 results were tepid, giving the market a reason to sell, at least for some participants. The results and subsequent sell-off also provide a reason to buy, having missed a high bar by a slim margin due to misplaced expectations and providing a discount to recently elevated prices.  The primary cause of Q2 weakness and the sell-off is th ...