Core Viewpoint - Advanced Micro Devices (AMD) has experienced significant stock volatility in 2026, with a notable decline following its Q4 2025 earnings announcement, leading to a 23% drop from its recent high and a 24% drop from its all-time high established in late 2025 [1] Group 1: Stock Performance - AMD's stock started the year at approximately $210, surged to over $250 by the end of January, and then fell sharply after the earnings report [1] - The stock is currently down nearly 23% from its recent high and about 24% from its all-time high [1] Group 2: Market Position and Competitors - AMD has historically been compared to Intel and is now often compared to Nvidia, particularly in the artificial intelligence sector [2] - The company has struggled to capture significant market share in data center computing units, but management believes recent changes will help improve this situation [3] Group 3: Financial Performance and Projections - AMD's management provided guidance indicating that the data center division is expected to grow at a 60% compounded annual growth rate (CAGR) through 2030, while the overall CAGR is projected to be around 35% [3] - In Q4, AMD reported a revenue growth of 34%, meeting internal expectations, with data center revenue increasing by 39% year over year, which is below the 60% CAGR forecast but shows improvement from a 22% growth in Q3 [3] Group 4: Future Outlook - While AMD's recovery is not yet complete, the company is perceived to be on the right track, and the recent sell-off is viewed as unwarranted [4] - There is an expectation that results will improve throughout 2026, suggesting a potential buying opportunity for investors [4]