AMD Shares Slide Even as CEO Points to Soaring Computing Demand
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), holds an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas on Jan. 5.
Photographer: Bridget Bennett/BloombergAdvanced Micro Devices Inc. shares slid on Tuesday, with investors brushing off comments by Chief Executive Officer Lisa Su that demand is soaring.
After initially gaining nearly 1%, the stock fell as much as 4.4% to $211.25. That marked the worst intraday decline in about three weeks.