AMD — Advanced Micro Devices

_Last updated 2026-10-30 09:00 ET from report. Screening/research, not investment advice._

Business

CPUs, GPUs/AI accelerators, adaptive SoCs for data center, client, gaming, embedded — AMD IR.

Catalysts, guidance & news

• No company news found; −8.10% Oct 22 to $507.93 (NexuAlpha, 2026-10-23); +0.94% premarket Oct 23 (TipRanks).
• Next earnings 2026-11-03 AMC (TRAI /api/events).

TRAI data (2026-10-23 8:53 AM ET premarket run; daily stats = Oct 22 session)

• Sector (TRAI): Semis. Oct 22: -8.10%, relVol 1.43, ATR 5.73%, beta60 3.18, indicated gap +0.07%, signals: mean_reversion_fade_long (TRAI /api/latest).
• Next earnings: 2026-11-03 AMC, gap risk None (TRAI /api/events, asOf 2026-10-23).
• Typical earnings reaction (last 4): avg |gap| 8.94% (1.59 ATR), max |gap| 15.26%, gap fill rate 25%, continuation 75%, avg day-1 move in gap direction +1.23% (TRAI /api/events).
• Recent events: 2025-11-04 AMC: gap -2.72%, day-1 +5.38%, close-close +2.51%, EPS surprise 2.1%; 2026-02-03 AMC: gap -11.20%, day-1 -6.89%, close-close -17.31%, EPS surprise 15.53%; 2026-05-05 AMC: gap +15.26%, day-1 +2.91%, close-close +18.61%, EPS surprise 5.82%; 2026-08-04 AMC: gap -6.57%, day-1 -0.51%, close-close -7.04%, EPS surprise 3.21% (TRAI /api/events).
• Correlation cluster 1 (avg ρ 0.588, 60d): ON, MCHP, TXN, ADI, CAT, ANET, VRT, GEV, ETN, AVGO, MU, TSM, ASML, KLAC, AMAT, LRCX, MRVL, ARM, AMD, INTC, NVDA, ORCL, SMCI, DELL (TRAI /api/correlations, asOf 2026-10-22).
• Highest 60d correlations: INTC 0.80, TSM 0.77, ARM 0.77, LRCX 0.75, MU 0.72 (TRAI /api/correlations).

2026-10-30 09:00 update

• Premarket −9.65% (09:17) on INTC's PC-demand warning (CEO: 2026 PC shipments −12%) (TipRanks, 2026-10-30). Not a bucket candidate.

Report links

• 2026-10-23 09:00 — semis selloff
• 2026-10-30 09:00 — premarket rotation, INTC/crypto shocks, BMO prints

2026-10-30 11:00 update

• −9.43% at 11:05 ET, inside OR30 (−10.42…−8.13), at VWAP; prints Tue 11-03 AMC. Drivers: INTC read-through plus pre-print de-risking; Jefferies reiterated Buy/$650 PT, Susquehanna raised to $650 from $620 (Investing.com, 2026-10-30). Counter-case: JPMorgan estimates Intel's server-CPU revenue share fell from 77% to 53% since late 2022 (Yahoo/TIKR, 2026-10-30).
• 2026-10-30 11:00 — semis rout, pre-earnings gap risk

2026-11-02 12:00 update

• Day 2: gapped +1.16%, −3.09% at 12:10 ET (below $500, below OR30 low and VWAP). No company news found; driver is the Intel/Amazon AI-capex worry (FX Leaders, 2026-11-02). Prints Tue 11-03 AMC: consensus rev ~$13.08B, adj. EPS ~$1.94 (24/7 Wall St.). TRAI last-4 avg |gap| 8.94%, fill 25%.
• 2026-11-02 12:00 — semis day 2, fade-longs fail, compute/memory vs analog split

2026-11-02 14:00 update

• −5.74% at 14:06 ET the session before its Tue AMC print (4:15 PM ET), below OR30 low. Options ±8.9% (10-30, down from ±11.2% on 10-22); last-4 avg abs move 11.37% (TipRanks). EPS consensus conflicts: $1.95 (TipRanks/TradingView) vs $1.68 (Barchart/EarningsMoves). Revenue est. $13.10B; Jefferies $13.5B and Q4 $17B vs Street $16.3B.
• Pre-print-day drops don't predict reaction direction in TRAI's history (S-127).
• 2026-11-02 14:00 report

2026-11-03 09:00 update

• Pre-market +4.3% (09:10) after −7.5% Monday, with the sector rebound; prints tonight AMC (consensus ~$13.1B / $1.95; MS PT $510 Hold) (finwire/Invezz) [S-1]. On the suspended SM list.
• Report