AMD's $4.98B Trading Volume Ranks 11th as Stock Slips 0.12% Amid AI Revenue Woes and Product Transitions Despite 32% Revenue Growth from EPYC Ryzen Demand

On September 3, 2025, Advanced Micro Devices (AMD) saw a trading volume of $4.98 billion, ranking 11th in the market, with shares declining 0.12%.

AMD’s Q2 results highlighted a year-over-year decline in AI revenue, primarily due to U.S. export restrictions limiting sales of MI308 accelerators in China. The launch of the MI350 series also created a temporary pause in demand as customers awaited the next-generation chips. Despite these challenges, the company reported a 32% year-over-year revenue increase to $7.7 billion, driven by strong demand for EPYC server processors and Ryzen chips. EPYC’s adoption in cloud and enterprise workloads, alongside growing AI applications requiring CPU-GPU collaboration, supported record sales of both current- and prior-generation models.

Analysts remain cautiously optimistic, with a “Moderate Buy” consensus rating. Bank of America noted AMD is the most under-owned U.S. semiconductor stock among active managers, despite forecasts for 22% sales growth. The firm reiterated a Buy rating, citing AI demand and market share gains. Meanwhile, AMD’s AI ecosystem expansion, including sovereign AI projects with over 40 active government initiatives, positions it to benefit from long-term infrastructure investments.

Backtest results indicate AMD stock fell 3.1% in extended trading, underperforming the broader technology sector. This decline aligns with short-term pressures from export restrictions and product transitions, though the company’s diversified revenue streams and upcoming MI350 ramp are viewed as catalysts for future growth.