AMD is trading at $195.56 (-3.7%) as the stock extends losses on persistent concerns regarding execution risks and margin compression throughout 2026.
- The decline follows a massive 17.3% plunge on February 4, triggered by a $290M revenue cliff from tightened China export controls and a product transition gap expected to last until Q3 2026.
- Investor skepticism is mounting over near-term profitability due to rising HBM costs and competitive headwinds, while the broader semiconductor sector faces additional strain from Intel's weak foundry outlook.