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AMD drops about 8% in premarket despite beating expectations

Despite the earnings beat, the stock was down roughly 8% in premarket, following a strong 2026 run up about 132% so far.

Reported · Written up by our desk · Equities

AMD shares fell sharply in premarket trading, dropping about 8% even though the company beat expectations, according to CNBC Markets.

The reports framed AMD as a major beneficiary of the AI boom, noting the stock is up about 132% so far in 2026.

CNBC Earnings and CNBC World carried the same move, highlighting the contrast between the results and the immediate market reaction in premarket trading.

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