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Barchart
Barchart
Amit Singh

AMD Stock Drops 15% in a Month: Should You Buy, Sell, or Hold?

AMD Google Nvidia Oracle

Shares of Advanced Micro Devices (AMD) have cooled off in recent weeks, slipping 15% over the past month. The pullback follows a remarkable run. Notably, AMD stock surged nearly 97% over the last six months, powered by excitement around artificial intelligence (AI) and the company’s growing share in the data center market.

Investors have also been encouraged by AMD’s expanding partnership network, including OpenAI and Oracle (ORCL). The company is positioning itself as the primary alternative to Nvidia (NVDA) in the race to supply high-performance GPUs for AI workloads. This has boosted investors’ sentiment on AMD stock.

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