{"slug": "amd-plummets-8-in-premarket-trading-despite-beating-expectations", "title": "AMD plummets 8% in premarket trading despite beating expectations", "summary": "Advanced Micro Devices (AMD) shares fell 8% in premarket trading on Thursday despite the company beating Wall Street expectations for its latest quarterly results. The chipmaker, a major beneficiary of the AI boom, has seen its stock surge 132% so far in 2026, according to CNBC.", "body_md": "# AMD plummets 8% in premarket trading despite beating expectations\n\nSource:\n\n[CNBC Technology](https://www.cnbc.com/technology/)The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.\n\nGet AI news in your inbox\n\nDaily digest of what matters in AI.", "url": "https://wpnews.pro/news/amd-plummets-8-in-premarket-trading-despite-beating-expectations", "canonical_source": "https://www.machinebrief.com/news/amd-plummets-8percent-in-premarket-trading-despite-beating-e-0wfu", "published_at": "2026-08-05 09:21:13+00:00", "updated_at": "2026-08-05 10:37:36.616717+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-chips"], "entities": ["Advanced Micro Devices", "CNBC"], "alternates": {"html": "https://wpnews.pro/news/amd-plummets-8-in-premarket-trading-despite-beating-expectations", "markdown": "https://wpnews.pro/news/amd-plummets-8-in-premarket-trading-despite-beating-expectations.md", "text": "https://wpnews.pro/news/amd-plummets-8-in-premarket-trading-despite-beating-expectations.txt", "jsonld": "https://wpnews.pro/news/amd-plummets-8-in-premarket-trading-despite-beating-expectations.jsonld"}}