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AMD’s Lisa Su Says the Market Is Being “Short-Sighted” About AI
24/7 Wall St. • • business
Key Points:
- On November 5, 2026, AMD's stock dropped sharply by 17.26% to $404.40 amid a broad market selloff driven by fears of AI regulation and a data center slowdown after Democrats won Congress.
- AMD CEO Lisa Su emphasized patience and long-term demand for AI chips, projecting growth over three to five years, and reaffirmed confidence in ongoing investments despite the market downturn.
- AMD reported strong Q3 results with record revenue of $13.38 billion and guided for about $17 billion in Q4 revenue, expecting 50% sequential growth in data center revenue and over 80% revenue growth in 2027.
- Risks to AMD's outlook include potential slowdowns in customer orders and regulatory hurdles that could delay AI infrastructure deployment, with inventory levels rising significantly as a potential warning sign.
- The stock's steep decline appears excessive relative to AMD's positive guidance, and a recovery above $488.78 would indicate market acceptance of Su's longer-term growth perspective.
