Why did the AMD share price drop today?

Shares fell as guidance did not meet expectations for a faster near term AI revenue ramp. The stock closed at $242.11, down 1.69%, after an intraday range of $237.04 to $252.65. Investors wanted clearer detail on 2025 AI shipments and margins.

What do AMD earnings tell us now?

Q4 results arrived on 3 February. While management highlighted data centre strength, the market focused on the pace of AI growth in 2025. On fundamentals, AMD trades at a 126.1x PE, with EPS TTM at $1.92 and free cash flow per share at $3.35.

Is a rumoured MI450 delay priced in?

The market treats it as a rumour, so pricing is fluid. Any confirmation or denial could move shares. Watch product roadmap updates and large cloud orders. Execution on current MI300 shipments will help offset timing noise if demand remains strong.

What technical indicators are most relevant now?

RSI at 47.39 is neutral, and ADX at 14.03 suggests no firm trend. ATR of 9.13 points to active swings. Watch the 50-day average at $221.57 as dynamic support and the recent range between $237.04 and $252.65 for direction clues.

Global Market Insights

AMD Stock Today: February 4 — Post-Earnings Drop on AI Outlook Gap

ByHuzaifa Zahoor February 4, 2026February 4, 2026

The AMD share price fell on 4 February after Q4 results and guidance did not match AI hopes. AMD closed at $242.11, down 1.69% day on day, after trading between $237.04 and $252.65. Management highlighted data centre momentum, but investors wanted a faster near term AI revenue ramp. With a rich 126.1x PE and UK buyers facing dollar exposure, the debate is whether the pullback improves risk reward into 2026. Analysts remain positive with 45 Buys and 15 Holds, while rumours of an MI450 delay add noise.