Why amd down today

Advanced Micro Devices (AMD) experienced a pre-market decline of -3.93%, a regular session decline of -1.78%, and a post-market drop of -1.47% on August 1, 2025. AMD's stock decline today can be attributed to the following factors: 1. **Earnings Report**: AMD is set to report its Q2 earnings on August 5, and the stock is likely experiencing a pullback due to expectations of a modest beat and raise, according to analyst Ivan Bajic's recent downgrade and sale of his AMD position. 2. **Overvaluation Concerns**: Analysts suggest that AMD is currently overpriced, with a 14-week RSI value of nearly 75, indicating a potential significant pullback in the near term. This sentiment is supported by DZ Bank's Ingo Wermann, who recently downgraded AMD to a "Sell" rating, although he raised the price target, implying a potential downside from current levels. 3. **Market Sentiment and Volatility**: The broader market sentiment, including concerns over interest rates and uncertainties around the Federal Reserve's meeting, could have influenced investor behavior and contributed to the decline in AMD's stock price. Additionally, the tech sector is known for its volatility, and AMD, being a key player in the AI and semiconductor space, is not immune to these market fluctuations. In summary, AMD's stock decline today is likely a result of a combination of factors including earnings report, overvaluation concerns, and market sentiment and volatility. |code|Ticker|Name|Date|Post-Market Percentage Change|Percentage Change|Pre-Market Percentage Change|market_code| |---|---|---|---|---|---|---|---| |AMD|AMD.O|Advanced Micro Devices|20250725||2.6832||185| |AMD|AMD.O|Advanced Micro Devices|20250728||4.3191||185| |AMD|AMD.O|Advanced Micro Devices|20250729||2.1767||185| |AMD|AMD.O|Advanced Micro Devices|20250730||1.1666||185| |AMD|AMD.O|Advanced Micro Devices|20250731||-1.7826||185| |AMD|AMD.O|Advanced Micro Devices|20250801|-1.4690034598151003|-1.7826304941228839|-3.8681867165787494|185|