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benzinga.com
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AMD Stock Falls 8% In Wednesday Pre-Market: What's Going On? AMD Shares Stumbles 8% In Wednesday Pre-Market. What's Going On? - Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)

1. AMD shares dropped nearly 8% after disappointing data center revenue forecast. 2. Fourth-quarter data center revenue was $3.9 billion, below $4.1 billion estimate. 3. Company anticipates Q1 2025 data center revenue of $6.8-$7.4 billion, under analyst expectations. 4. Gaming and embedded revenues declined significantly, impacting overall AMD stock performance. 5. CEO forecasts strong growth in 2025, but initial AI chip sales remain subdued.

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FAQ

Why Bearish?

AMD's missed revenue targets and declining segments create negative sentiment, recalling prior downturns in 2022.

How important is it?

Earnings forecasts significantly impact investor sentiment and stock performance in tech.

Why Short Term?

Market reacts quickly to earnings disappointments, particularly in tech; likely to stabilize post-2025 restructuring.

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