

Why it movedAMD, Arm and Qualcomm Shares Slide After Intel's Forecast: What Happened
AMD, Arm and Qualcomm each fell more than 12% on Friday as Intel's weak forecast and new worries about AI spending set off a broad chip selloff.


How AMD compares with other information technology stocks. A description, not a recommendation.
NVDA
AVGO
MU
INTC
TXN
ARM
AMDAMD and 6 semiconductors peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.
AMD trades at 44.8 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.
From AMD's SEC filings, through the quarter ending 27 Jun 2026. Hover or tap a bar for its value.
| Last 12 months | AMD | Sector median |
|---|---|---|
| Revenue growth | +39.5% | +20.6% |
| Gross margin | 53.2% | 61.5% |
| Operating margin | 15.7% | 17.0% |
| Free cash flow margin | 20.3% | 21.7% |
| Price to earnings | 128.8x | 33.1x |


Why it movedAMD, Arm and Qualcomm each fell more than 12% on Friday as Intel's weak forecast and new worries about AI spending set off a broad chip selloff.

Earnings previewAMD reports after the close on Tuesday, 3 November. Analysts expect revenue of about $13.1 billion, up 41%, and its forecast for the quarter when its Helios AI racks ramp up may matter more.

Semiconductors, by market value.
| Company | Price | Today |
|---|---|---|
NVDANvidia | $204.64 | −4.22% |
TSMTaiwan Semiconductor | $406.13 | −5.95% |
AVGOBroadcom | $326.08 | −5.48% |
MUMicron Technology | $884.74 | −5.30% |
INTCIntel | $65.76 | −28.58% |
TXNTexas Instruments | $300.84 | −3.40% |
ARMArm Holdings | $205.97 | −9.97% |
ADIAnalog Devices | $417.11 | −3.73% |