On August 3, Advanced Micro Devices fell 3.28% in regular trading, trading at 464.075 USD/share, with turnover of $1.186 billion.

On the news front, the Philadelphia Semiconductor Index weakened broadly, with Micron Technology down 5.55%, SK Hynix down 5.86%, and Intel down 4.32%, putting significant pressure across the semiconductor sector. The company is scheduled to report Q2 earnings on August 4 after market close, with consensus estimates projecting revenue of approximately $113 billion, representing year-over-year growth of about 52%, and expected EPS of $1.61.

Ahead of the earnings release, investors remain divided on the sustainability of AI compute demand. The semiconductor sector has pulled back approximately 19% from its June highs, prompting a wait-and-see stance among funds and intensifying intraday selling pressure. Within the Semiconductors sector, Micron Technology fell 4.37%, SK Hynix fell 4.26%, Intel fell 3.34%, NVIDIA fell 0.6%, and Taiwan Semiconductor Manufacturing fell 0.41%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)