--- title: "AMD Stock Just Got Crushed 26% in a Month — Here's What Investors Need From Lisa Su on Tuesday As Q3 Earnings Loom" type: "News" locale: "en" url: "https://longbridge.com/en/news/304094495.md" description: "AMD stock has dropped over 26% in a month, recently closing at $466.84 ahead of its Q3 earnings report. Investors are focused on whether data center sales will accelerate as forecasted, with analysts expecting record revenue of approximately $13.1 billion and earnings of $1.89 per share. The recent decline follows Intel's warning on soft PC demand, though AMD remains up nearly 118% year-to-date." datetime: "2026-11-03T09:48:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/304094495.md) - [en](https://longbridge.com/en/news/304094495.md) - [zh-HK](https://longbridge.com/zh-HK/news/304094495.md) generator: "portal-rs" --- # AMD Stock Just Got Crushed 26% in a Month — Here's What Investors Need From Lisa Su on Tuesday As Q3 Earnings Loom **Advanced Micro Devices Inc.** (NASDAQ:AMD) shares have fallen more than 26% over the past month, and Tuesday’s third-quarter earnings will test whether data center sales are accelerating as forecast. ## **Faster Data Center Growth** When AMD reported second-quarter results in August, CFO **Jean Hu** said she expects data center sales to “accelerate in the second half of 2026.” Data center sales rose 107% to $6.7 billion in the second quarter, while it posted a 22% rise to $4.3 billion in the third quarter of last year. On Polymarket, traders give 79% odds that AMD’s third-quarter data center revenue tops $8 billion and 83% that it will be above $7.6 billion. CEO **Lisa Su** had then said AMD entered the second half “with strong momentum” and rising demand for its EPYC chips, the processors that run servers in data centers. **Read Also: Stock Market: Will S&P 500 Open Up or Down Today?** ## **Analysts Expect a Record Q3 Sales** AMD guided third-quarter revenue of about $13 billion, give or take $300 million. Analysts expect $13.10 billion, up from $9.25 billion a year ago, according to Benzinga Pro data. That would be a record, topping the $11.54 billion reported in the second quarter, and AMD has beaten revenue estimates for 15 straight quarters. Analysts also expect earnings of $1.89 per share, up from $1.20 a year ago. ## **Intel’s Warning on PC Demand and Supply Hit AMD Shares** AMD’s stock fell almost 11% in a single session last week after **Intel Corp.** issued a weaker fourth-quarter revenue and earnings forecast, citing soft PC demand and tight supply. So far this year, the stock is up 117.99% and is up 82.27% over the past year, according to Yahoo Finance. The stock hit an all-time high of $658.52 on Oct. 6 and is down about 29% since then. **Price Action:** On Monday, shares closed 7.52% lower at $466.84 and were up 1.31% to $472.96 in premarket trading on Tuesday. **Benzinga Edge rankings** indicate AMD’s stock has a Momentum score in the 95th percentile and a Growth score in the 95th percentile. **See More: Top Value Stocks** ***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* *Photo courtesy: Shutterstock* ### Related Stocks - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [AMDC.US](https://longbridge.com/en/quote/AMDC.US.md) - [AMDD.US](https://longbridge.com/en/quote/AMDD.US.md) - [AMDG.US](https://longbridge.com/en/quote/AMDG.US.md) - [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md) - [AMDS.US](https://longbridge.com/en/quote/AMDS.US.md) - [AMDU.US](https://longbridge.com/en/quote/AMDU.US.md) - [AMDW.US](https://longbridge.com/en/quote/AMDW.US.md) - [AMDY.US](https://longbridge.com/en/quote/AMDY.US.md) - [AMUU.US](https://longbridge.com/en/quote/AMUU.US.md) - [AMYY.US](https://longbridge.com/en/quote/AMYY.US.md) - [DAMD.US](https://longbridge.com/en/quote/DAMD.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) ## Related News & Research - [AMD to report Q3 results following disappointing showing from Intel](https://longbridge.com/en/news/304001520.md) - [AMD Stock Reports Earnings Today: Here’s What Investors Need to Know](https://longbridge.com/en/news/304124959.md) - [AMD Q3 Earnings Preview: Can AI Chip Growth Reverse an 11% Decline? Wall Street's Highest Target Price at $1,250](https://longbridge.com/en/news/303926312.md) - [AMD (AMD) Q3 earnings: what to expect](https://longbridge.com/en/news/303892265.md) - [Intel has a massive warning for AMD stock investors. Is it time to book profits before Nov. 3?](https://longbridge.com/en/news/303836684.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**