Key Highlights

  • Advanced Micro Devices (NASDAQ:AMD) was trading down 9.02% at USD 532.53 on Friday, November 13, 2026 in market data, implying a prior close near USD 585.30 (calculated from the quoted price and move).
  • Published market data showed trailing Revenue of about USD 45.44 billion, up 41.9%, and trailing Net Income of about USD 7.62 billion, with a Market Value near USD 960 billion on 1.64 billion shares.
  • The company reported third-quarter results on November 3, 2026, then launched sixth-generation EPYC processors in releases dated November 9 and November 10; revenue and guidance figures were not retrieved.
  • A published report said AMD fell about 13% on November 5 as the PHLX Semiconductor index dropped 7.5%, and Nvidia is due to report third-quarter results on November 17.

A 9.02% Drop After a Day of Good Headlines

Advanced Micro Devices (NASDAQ:AMD) was trading down 9.02% at USD 532.53 in market data on Friday, November 13, 2026. That follows a session in which published headlines said AMD rose on Nvidia's turmoil, one research firm upgraded the shares, another raised its target to USD 700 from USD 650 and AMD announced an Investment in and expanded Partnership with PsiQuantum. No company announcement explaining Friday's fall was found, and the screener's prior close is treated as the figure of record for the live session only. A decline of this size in a company valued near USD 960 billion is large in dollar terms, so the day's move is notable even without a company event.

Nvidia Turmoil and the Chip Sector Backdrop

A published report said Nvidia's board opened an independent investigation on November 8 into reports that its chief executive was targeted by a foreign intelligence effort, and that Nvidia would report third-quarter results on November 17. Headlines on November 12 framed this as an opening for rivals, which can lift AMD and then reverse when traders lock in gains. On November 5 the chip sector fell sharply, with AMD down about 13% in the morning, according to a published report. A shared driver for November 13 could not be verified. Chip stocks tend to move together, which means a single large name's news can spill into others.

Scale, Valuation and What Could Move AMD Next

Published market data put trailing revenue near USD 45.44 billion, trailing net income near USD 7.62 billion and a market value of about USD 960 billion, up about 142% over a year. At USD 532.53 on 1.64 billion shares the Equity is worth about USD 873 billion (calculated), roughly USD 87 billion less than at the prior close. The company reported third-quarter results on November 3, 2026, and a recent release dated November 10 highlighted its sixth-generation EPYC server processors. Risks include sentiment toward AI spending, competition and the pull of Nvidia's results on November 17.

Where Things Stand

Friday's decline has no verified company-specific cause, and a pullback after a run of favorable headlines is the most reasonable reading, though that is not confirmed. Advanced Micro Devices (NASDAQ:AMD) was trading down 9.02% at USD 532.53, wiping out roughly USD 87 billion of market value from the prior close (calculated). The company's recent news flow was positive, including the sixth-generation EPYC launch and the PsiQuantum partnership. Markers ahead are Nvidia's November 17 results, any guidance commentary from AMD and whether chip stocks stabilize.