AMD heads into AI weekend test before Monday open
AMD shares fell 5.69% to $424.10 on Friday, capping a 6.8% weekly drop after hitting a record $469.21 Monday. The Nasdaq Composite lost 1.54%, ending a six-week streak. AMD reported Q1 revenue up 38% to $10.253 billion, with Data Center sales rising 57%. U.S. markets reopen Monday; traders are watching Nvidia’s results and macro factors.