Advanced Micro Devices falls 17.3% on 5 November 2026
Advanced Micro Devices closed down 17.3% on 5 November 2026, after its results on 3 November. Capital spending was $648M, +151.2% on a year earlier, and free cash flow $554M. What the filings show, and how its peers’ shares reacted to the same quarter.
Checked before publishing: software matched every figure in this piece to the data it came from (Yahoo Finance daily closes for AMD (delayed); SEC EDGAR: Advanced Micro Devices, Inc. 8-K, filed 3 November 2026; SEC EDGAR: Advanced Micro Devices, Inc. 10-Q, filed 4 November 2026; SEC EDGAR XBRL company facts; SEC EDGAR: Intel filings and XBRL company facts; Yahoo Finance daily closes for INTC (delayed); SEC EDGAR: QUALCOMM filings and XBRL company facts; Yahoo Finance daily closes for QCOM (delayed)). How we check
Written by software from the data shown, at 01:35 ET on 6 November 2026. Not edited before publication. How this is made
Closes, filings and official calendars
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Advanced Micro Devices, Inc. (AMD) shares fell 17.3% on 5 November 2026, after it filed its results with the SEC on 3 November. Below is what the quarter’s filings show, the same quarter at its peers, and the move itself.
Cash coming in and capital spending
In the quarter to 26 September 2026, Advanced Micro Devices’s operations brought in $1.2B and it spent $648M on property and equipment, so free cash flow was $554M, against $1.9B a year earlier. It was positive in all 8 quarters shown.
What the company reported
From the 10-Q filed on 4 November, the quarter to 26 September 2026 against the same quarter a year earlier.
| Quarter to 26 September | 2025 | 2026 | Change |
|---|---|---|---|
| Revenue | $9.2B | $13.4B | +44.7% |
| Operating income | $1.3B | $2.8B | +123.0% |
| Other income (expense) | $82M | −$902M | |
| Net income | $1.2B | $2.4B | +95.3% |
| Diluted earnings per share | $0.75 | $1.46 | +94.7% |
| Capital spending | $258M | $648M | +151.2% |
| Free cash flow | $1.9B | $554M | −70.9% |
How the spending was paid for
Advanced Micro Devices’s cash flow statement for the quarter shows $4.7B from borrowing, net of issuance costs; and no share buybacks. Figures reported only for the year to date are derived by subtracting the earlier quarters.
The same quarter at its peers
Intel and QUALCOMM reported quarters ending within a fortnight of Advanced Micro Devices’s, which ended on 26 September 2026. Capital spending changed by between 66% and 151% on a year earlier, and no of the 3 companies had negative free cash flow. Each stock’s move on its first session after its own results filing (the filing day itself when the filing came before the 16:00 ET close) is in the second column. The filings do not say why the reactions differed.
| Company | Close after results | Capital spending | vs a year earlier | Free cash flow (a year earlier) |
|---|---|---|---|---|
| Intel | −28.6% (30 Oct) | $4.0B | +66% | $1.1B ($121M) |
| Advanced Micro Devices | −17.3% (5 Nov) | $648M | +151% | $554M ($1.9B) |
| QUALCOMM | −9.5% (5 Nov) | $916M | +125% | $1.8B ($3.6B) |
The move
Advanced Micro Devices closed at $404.40 on 5 November 2026, down 17.3% from $488.78 on 4 November, its largest one-day fall since 4 February 2026. About 70.5 million shares traded on 5 November, 3 times the average of the 20 sessions before. In the 20 sessions to 4 November its daily changes had a standard deviation of 4.5% (20-day realized volatility of 72.0% a year), so the move on 5 November was about 3.8 times a normal day.
What the company filed
Filed with the SEC from 1 November to 5 November, as listed on EDGAR:
- 3 November: 8-K (Item 2.02, results of operations; Item 7.01, a Regulation FD disclosure; Item 9.01, financial statements and exhibits).
- 4 November: 10-Q, the quarterly report.
Its earlier moves this size
Advanced Micro Devices’s only earlier one-day falls of 13% or more in the daily closes we hold, since 6 November 2024: 4 February 2026, down 17.3%, and down 0.4% 20 sessions later. These are dates, not a pattern: a few moves say little about the next one.
What this note does not say
The filings do not give a reason for the share price move, and neither do we: this note puts the closes and the filings side by side. Every quarter Advanced Micro Devices has filed, each linked to its filing, is on the AMD page at /s/amd.
Corrections (the text above is as first published)
- 2026-11-11: The headline first read “Advanced Micro Devices falls 17.3% after reporting spending up 151%”, which tied the fall to the results. AMD filed its results with the SEC on 3 November 2026 at 4:16 PM ET, after the close. In the first session after them, 4 November, its shares closed up 1.0%, at $488.78 from $483.90. The 17.3% fall came a session later, on 5 November (close $404.40), a day the S&P 500 fell 4.36% and other chip makers fell by similar amounts. The closes and filings do not say why it moved. The figures in the note were not affected.
Sources
- Yahoo Finance daily closes for AMD (delayed)
- SEC EDGAR: Advanced Micro Devices, Inc. 8-K, filed 3 November 2026
- SEC EDGAR: Advanced Micro Devices, Inc. 10-Q, filed 4 November 2026
- SEC EDGAR XBRL company facts
- SEC EDGAR: Intel filings and XBRL company facts; Yahoo Finance daily closes for INTC (delayed)
- SEC EDGAR: QUALCOMM filings and XBRL company facts; Yahoo Finance daily closes for QCOM (delayed)
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Sources: Yahoo Finance daily closes and volumes (delayed) and the company’s own SEC filings. The volatility, volume and free cash flow comparisons are our calculations. General market information, not investment advice.
Note: Articles and community posts on PYE Markets are for educational and informational purposes only and are not financial advice.
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