AMD is trading at $204.94 (-15%) today, falling from yesterday's close of $242.11 as a soft Q1 revenue forecast and China-related execution risks overshadow a Q4 earnings beat.
- Despite reporting $10.27B in revenue (up 34% YoY) and $1.53 EPS, investors are reacting to a heavy $390M one-time China impact and rising operating expenses.
- The sell-off reflects a repricing of AMD's high 40x P/E valuation amid uncertainties surrounding AI ramps, TSMC yields, and broader Nasdaq weakness.