Key insights
- AMD is set to report earnings, with expectations for a beat, similar to Intel's recent report. However, Intel's stock fell significantly despite meeting revenue estimates due to weak guidance, highlighting that earnings beats alone may not guarantee positive stock performance. AMD's stock has also declined from its 52-week high, suggesting that its upcoming earnings report will be heavily scrutinized for its forward-looking guidance.
Investing.com -- AMD reports today after the close, and the setup shares one trait with Intel’s: a beat may not be enough. The two companies’ fundamentals are moving in opposite directions, though.
Intel (INTC) reported on Oct 29 with EPS of $0.52 against a $0.40 estimate. Revenue was $16.50B, in line. The stock still fell 31.16% on the reaction, and it is down 35.1% over one week. The cause was guidance. Intel guided Q4 EPS to about $0.25 against a $0.44 consensus, and revenue to $15–16B against $17.08B. It also flagged an Israel plant shutdown that cuts about $300M of revenue (Oct 29, 2026). Intel had also run up before the print, which left little room for a disappointing outlook.
Advanced Micro Devices (AMD) trades at $490.41 (+5.05%) as of Nov 3, 12:00 PM EST. That is 26% below its 52-week high of $658.52, and the stock is down 22.6% over one month. Consensus calls for Q3 EPS of $1.94 on $13.06B of revenue.
AMD’s history looks like Intel’s: it has beaten every quarter, yet the stock reaction swings widely. A beat by itself has not decided the move.
Data note: the earnings figures above come from the earnings overview as of Nov 3, 2026. Prices are live quotes from the snapshot stamped above.
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