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AMD slides 13% in tech selloff ahead of Nov 3 earnings

CNBC+1 ·
AMD slides 13% in tech selloff ahead of Nov 3 earnings
  • AMD shares fell almost 13% on Friday, Oct 30, 2026, amid a broad technology selloff.
  • AMD traded as low as $492.36 during the session.
  • AMD's scheduled earnings report is on November 3.
  • The SOXX semiconductor ETF dropped about 10% as Intel earnings fueled a chip selloff.
  • The Nasdaq Composite fell 2.9% on Friday and 2% for the week, driven by renewed concerns about AI spending.
  • Cramer expects AMD to report better numbers than rival Intel, making AMD's Tuesday report an important test for the semiconductor sector.
AMD slides 13% in tech selloff ahead of Nov 3 earnings — Heurist Finance