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Why is AMD stock moving?

Advanced Micro Devices, Inc. · end-of-day data as of Oct 16, 2026

Advanced Micro Devices, Inc.
AMD · $863B
$528.75+1.3%last 60 sessions · close Oct 16, 2026
$190.95$649.4252 weeks
Buy · 55 analystsPT $575.40 +8.8%
  • P/E vs own+51.2%
  • P/E vs sector+306.0%
  • Target upside+8.8%
  • Off 52w high-18.6%
  • Insiders-$106M
  • FCF yield+1.0%
  • Earnings in18d
  • Trendsideways
  • Sector▲ +1.1%
  • RSI38
  • MA20×50—
  • Volume1.1x
  • Support-2.1%
  • Resistance+4.2%

The move, split

Advanced Micro Devices, Inc. (AMD) fell 6.0% on Oct 16, 2026.

The market (SPY) fell 1.1%; Technology stocks fell 3.3%. Most of the move is specific to AMD.

Market (SPY)-1.1%
Technology sector-2.2%
AMD specific-2.7%

9 stories on the day (30-day average 11.2).

Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.

Context

  • News
  • Volume1.1x
  • Off 52w high-18.6%
  • Sector▲ +1.1%
  • Earnings in18d

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