AMD Slips as Valuation Concerns Overshadow Q3 Beat

AMD -- along with the rest of the semiconductor sector -- has outperformed in 2025Advanced Micro Devices Inc (NASDAQ:AMD) stock is down 0.9% to trade at $247.75, despite the chipmaker posting third-quarter earnings of $1.20 per share on $9.25 billion in revenue -- both of which beat estimates. The company also hiked its fourth-quarter guidance above expectations. Dragging sentiment is a combination of AI valuation concerns, and AMD's margin guidance only coming inline with estimates. The equity enjoyed an i ...