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AMD Stock Is Down 27% From Its $1 Trillion Peak After a Chip Rout

Despite 97% data-center growth, AMD’s stock now trades at a 73.5 price-to-earnings ratio, leaving little room for error, analysts said.

Summary by Startup Fortune
AMD's market cap now sits near $733 billion after Thursday's 15% plunge and Friday's 11% bounce. The chipmaker's data center revenue grew 97% last quarter, yet Democratic midterm gains and fears of blocked data center projects hit the stock regardless.

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The Motley Fool broke the news in Alexandria, United States on Saturday, November 7, 2026.
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