AMD Shares Plunge Amid Growing Custom Chip Concerns

Advanced Micro Devices (AMD) finds itself in a perplexing situation as 2025 draws to a close. The semiconductor giant continues to deliver exceptional financial performance, yet its stock experienced a dramatic 17% decline in November 2025—marking its worst monthly performance since late 2022. This divergence between operational success and market performance has left investors questioning how a company with booming AI revenue and billion-dollar contracts could face such significant market pressure.

The third quarter of 2025 showcased AMD’s operational strength with impressive results: revenue reached $9.25 billion, representing 36% year-over-year growth. Non-GAAP earnings per share came in at $1.20, a 30% increase, while gross margins held firm at 54%. The data center segment, driven by relentless AI demand, surged Read more...