Why is the AMD share price moving today?

The market is reacting to AMD Q4 earnings that beat estimates and Q1 revenue guidance that topped expectations, pointing to strong AI chip demand. Traders are also watching margins, data center mix, and any China-related adjustments flagged by management. Technicals show neutral momentum, with wide intraday ranges adding to price swings.

Is AMD stock expensive after the earnings beat?

AMD trades at a TTM P/E of 126.1 and price-to-sales near 12.3, which is rich versus the broader market. Bulls argue AI growth and data center mix can justify the premium. Bears worry about execution risk and policy noise. Position sizing and risk controls help manage valuation uncertainty.

What does the Q1 revenue guidance mean for investors?

Management guided Q1 revenue above estimates, suggesting solid AI accelerator and server CPU demand. For investors, it signals visibility into cloud and enterprise spending, but execution on supply and margins remains key. Monitor quarterly updates to see if order momentum converts into sustained revenue growth and operating leverage through 2026.

How should Singapore investors approach AMD now?

Consider USD exposure, trade costs, and volatility. AMD pays no dividend, so returns rely on capital gains. A gradual, rules-based entry, using limit orders and defined stop levels, can help. Review how AMD’s AI cycle complements your current tech holdings to avoid concentration and manage drawdowns.

Global Market Insights

AMD Stock Today: February 04 – Q4 Beat, Q1 Guide Tops Estimates

ByHuzaifa Zahoor February 4, 2026February 4, 2026

AMD share price is in focus for Singapore investors after Advanced Micro Devices (AMD) topped Q4 expectations and issued Q1 revenue guidance above estimates. The update highlights ongoing AI accelerator demand and data center growth. Management also detailed non-GAAP adjustments tied to China-related inventory and revenue to clarify core trends into 2025. We break down the results, today’s price action, key technicals, valuation, and what the setup could mean for portfolios in Singapore this week.