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AMD stock drops 30% in 30 days despite record quarter; analysts see 75% upside potential.

Analyst Insights
09 Nov 2026, 14:15 WIB
24/7 Wall Street
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Bullish
AMD stock drops 30% in 30 days despite record quarter; analysts see 75% upside potential.

AMD's stock fell nearly 30% in the past month after a record quarter, driven by a sector-wide selloff in AI-related chip stocks and concerns over inventory and cash flow. Despite the drop, analysts remain bullish, raising earnings estimates and projecting up to 75% gains, supported by strong data center growth and AI demand. Key risks include free cash flow weakness and potential AI spending cuts, but AMD's aggressive growth guidance and market position suggest a rebound is likely if upcoming quarters meet expectations.

AMD's recent stock drop of nearly 30% in 30 days contrasts with its 1-day gain of 4.49% on Pluang, where it trades at USD 469.18 with a typical hold time of 94 days. For readers following technology stocks, here is Pluang's market snapshot as of Nov 09, 2026 18:51 WIB: out of 150 priced US tech stocks, 89 rose and 50 fell today. Notable movers include ASX at USD 33.27 (+5.18%, hold time 50 days) and UMC at USD 14.50 (+4.69%, hold time 44 days).

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