Global Stock News

AMD stock price tumbles on MI450 delay chatter ahead of Feb. 3 earnings — what to watch next week

AMD stock price tumbles on MI450 delay chatter ahead of Feb. 3 earnings — what to watch next week

New York, Feb 1, 2026, 18:01 (EST) — Market closed

  • AMD shares dropped 6.1% on Friday after a report raised new doubts over the schedule for its MI450 AI accelerator.
  • The drop happened as chip and AI-infrastructure stocks broadly retreated heading into the weekend.
  • Tuesday’s earnings report and any news on the MI450 production ramp will be in focus.

Advanced Micro Devices shares finished Friday down 6.1% at $236.73, swinging between $234.55 and $248.67 during the session. The drop came after reports surfaced suggesting delays in its MI450-series AI accelerators—key chips powering AI workloads for clients like OpenAI and Oracle. Roughly 40 million shares traded hands. (Investing)

The selloff is significant…

Source link

Share this article

Scroll to Top