AMD stock plunges 17% after outlook rekindles doubts about its AI chip challenge to Nvidia
NEW YORK, Feb 4, 2026, 5:03 PM EST — After-hours Shares of Advanced Micro Devices plunged 17.3% during Wednesday’s regular session and were last quoted at $200.19 in after-hours trading, following a first-quarter forecast that suggested a decline from the previous quarter. Nvidia dropped 3.3%, while Intel edged down 1.4%. This move is significant since AMD stands as Wall Street’s…