AMD stock slides ahead of earnings as AI-chip timing chatter tests bullish case
AMD shares fell 6.1% to $236.73 Friday after renewed doubts about the timing of its MI450 AI accelerator rollout. The drop comes ahead of AMD’s Feb. 3 earnings report, where investors will seek updates on data-center demand and AI chip schedules. Wells Fargo pushed back on delay concerns, expecting AMD to reaffirm its MI450 timeline.