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Advanced Micro Devices Inc. Stock Slips 7.0%, Underperforms Peers

Advanced Micro Devices Inc. Stock Slips 7.0%, Underperforms Peers

Dow JonesDow Jones2026/08/05 20:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Advanced Micro Devices Inc. shed 7.0% to $482.05 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.5% to 54,349.12 and the S&P 500 Index falling 0.2% to 7,723.55.

The stock's fall snapped a two-day winning streak.

Advanced Micro Devices Inc. closed 17.6% short of its 52-week high of $584.73, which the company achieved on June 30th.

The stock underperformed when compared to some of its peers, as NVIDIA Corp. rose 3.4% to $219.22, Intel Corp. rose 0.2% to $101.06, and Applied Materials Inc. fell 2.26% to $534.24.

Trading volume totaled 48.5 million, compared to the 50-day average of 30.5 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 05, 2026 16:33 ET (20:33 GMT)

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