Why did AMD stock fall after reporting a Q4 beat?

Despite beating on EPS and revenue, AMD guided Q1 revenue to US$9.8 billion plus or minus US$300 million, which fell short of bullish AI expectations. Investors also expected faster near-term accelerator ramps. As a result, AMD stock dropped after hours and softened in Europe as timelines shifted toward the second half.

What stood out most in AMD earnings this quarter?

Data center was the highlight, with revenue up 39% to US$5.4 billion on EPYC CPUs and Instinct MI accelerators. Margins benefited from a richer mix and cost discipline. Headline figures beat estimates, but the outlook tempered AI enthusiasm. For AMD stock, execution on AI shipments and customer wins will drive the next leg.

How should Singapore investors approach AMD stock now?

Plan entries in tranches, given volatility and after-hours gaps. Account for USD exposure and brokerage fees. Track Q1 performance versus guidance, updates on Helios and MI450 shipments in H2, and data center order flow. If execution improves, add on strength. If milestones slip, manage risk with stops or smaller position sizes.

Is AMD stock a buy after the guidance reset?

Analyst sentiment is constructive with more Buys than Holds, but valuation is rich. A prudent stance is to wait for confirmation on AI GPU demand and deliveries, then add on positive updates. For longer-term investors, steady data center growth and H2 shipments could support the case, but risk controls remain important.

Global Market Insights

AMD Stock Today: February 05 — Q4 Beat, AI Outlook Sinks Shares

ByDanny Kontos February 4, 2026February 4, 2026

AMD stock slipped on 5 Feb after AMD topped Q4 views but guided cautiously for Q1. The chipmaker posted EPS of US$1.53 versus US$1.32 expected and revenue of US$10.27 billion versus US$9.67 billion. Yet Q1 revenue guidance of US$9.8 billion plus or minus US$300 million cooled AI excitement. Shares fell up to 8% after hours and weakened in Europe. For Singapore investors, the focus shifts to AMD earnings quality, AI GPU demand, and execution into the second half.