AMD is trading at 3.29% down now at $199.24 after reversing course on November 20, 2025. Despite posting strong Q3 data center revenues of $4.34 billion (up 22.3% year-over-year) and guiding for double-digit growth in Q4 2025, AMD shares fell nearly 8% on Thursday as initial enthusiasm from Nvidia's earnings evaporated midday. AMD stock rose 4% during the morning session before flipping to losses as broader AI sector concerns emerged. The decline reflects profit-taking and AI bubble concerns rather than company-specific weakness, with AMD's long-term strategy targeting greater than 35% revenue CAGR and $20+ non-GAAP EPS.