TradingKey – Advanced Micro Devices (NASDAQ: AMD) moved upward by 7.7% to around $513 on November 6 during regular trading prior to the release of their Q2 2026 results. However, when results were released after regular trading, a decline of 8% to 9% was recorded. This was due to revenues and EPS coming in better than expected, and a guidance increase for Q3 of $12.7 to $13.3 billion, which exceeded the $12.5 billion target. 

Gross margin was reported at 54%, which was below the 56% consensus expected for the full year, and this is what the market is considering after hours. This has become a pattern for AMD, following their Q4 2025 results where they recorded a 15.98% EPS beat with a -17.31% session reaction. Currently sitting at $486,…