Named subject of the story; shares fell below $500 and it reports Q3 results after the close on November 3. · Technology
AMD is the subject of the story and reports Q3 results after the close on November 3, with estimated EPS of 1.68. Its close was $566.42 on October 29 and $475.10 on October 30, down 16.12% between the two closes. Sources describe an 11% fall on October 30 [3]; the two figures differ and are not reconciled here.
Price between closes
$566.42 → $475.10Close of October 29 and October 30
Chance of a rise in 1 month
47%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $416.17 and $527.50; 9 in 10, between $337.29 and $650.87.
Its PC slowdown warning on October 30 triggered the chip sell-off that weighed on AMD shares. · Technology
Intel is exposed because its warning about a PC slowdown lasting through the first half of 2027 is the event behind the chip sell-off [3]. Its close was $92.07 on October 29 and $60.91 on October 30, down 33.84%. ATLAS's model estimate of fair value is $54.15 (range $48.74 to $59.57), with the price 12.47% above that value.
Price between closes
$92.07 → $60.91Close of October 29 and October 30
Fair value (ATLAS)
$54.15Fair range: $48.74 to $59.57The price ($60.91) is 12.5% above that figure.
Chance of a rise in 1 month
42%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $45.97 and $71.31; 9 in 10, between $31.15 and $105.25.
Named in analyst comparisons of expected AMD earnings growth; also an AI chip rival in the same sector. · Technology
Nvidia appears in analyst comparisons of expected earnings growth for AMD and is an AI chip rival in the same sector [3]. Its close was $213.66 on October 29 and $203.43 on October 30, down 4.79%. ATLAS's model estimate of fair value is $155.16 (range $112.11 to $214.75), with the price 31.11% above that value; its next earnings are on November 17.
Price between closes
$213.66 → $203.43Close of October 29 and October 30
Fair value (ATLAS)
$155.16Fair range: $112.11 to $214.75The price ($203.43) is 31.1% above that figure.
Chance of a rise in 1 month
50%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $190.09 and $217.48; 9 in 10, between $168.70 and $245.05.
Named in analyst comparisons of expected net income growth; also a semiconductor peer exposed to the same sell-off. · Technology
Broadcom appears in analyst comparisons of expected net income growth and is a semiconductor peer in the same sector [3]. Its close was $345.00 on October 29 and $323.76 on October 30, down 6.16%. ATLAS's model estimate of fair value is $223.49 (range $177.45 to $297.11), with the price 44.87% above that value.
Price between closes
$345.00 → $323.76Close of October 29 and October 30
Fair value (ATLAS)
$223.49Fair range: $177.45 to $297.11The price ($323.76) is 44.9% above that figure.
Chance of a rise in 1 month
49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $299.41 and $348.51; 9 in 10, between $261.71 and $398.72.
Nasdaq-100 between the same closes (October 29 and October 30): 29,402.51 → 28,384.85 points, −3.46%.
S&P 500 between the same closes (October 29 and October 30): 7,720.39 → 7,580.08 points, −1.82%.
What happened
AMD is due to report third-quarter results after the close on Tuesday, November 3, after chip stocks fell on October 30 when Intel warned that its PC slowdown would run at least through the first half of 2027 [3]. AMD's closing price was below its October 29 close on October 30, a coincidence in time between two closes.
Intel warned that its PC slowdown would run at least through the first half of 2027, and chip stocks fell with it on Friday, October 30, according to TIKR.com [3]. TIKR.com reports that AMD shares fell 11% that day [3].
FXLeaders reports that AMD shares fell below $500 on Monday, as disappointing results from Amazon and Intel intensified concerns about semiconductor valuations and infrastructure spending [4]. The article says investors are questioning whether data-center spending can generate returns that justify elevated valuations [4].
AMD reports third-quarter results on Tuesday, November 3, after the close [3]. TIKR.com cites Bloomberg average analyst estimates for AMD net income growth of 501% over four years, ahead of Broadcom at 306% and Nvidia at 168% [3]. One headline says AMD is reporting following a disappointing showing from Intel [1].
What ATLAS data show
ATLAS model estimates exist for Intel, Nvidia and Broadcom, but not for AMD in this data. Intel's price on October 30 was 12.47% above its estimated fair value of $54.15. Nvidia's was 31.11% above its estimate of $155.16, and Broadcom's was 44.87% above its estimate of $223.49. These are model estimates with wide ranges, not promises or advice.
That prices moved around the same dates as Intel's warning is a coincidence in time, not proof of cause. Figures come from market closes and may change.
What you get with ATLAS
Fair value of each company, with its range, against today's price.
Chance of a rise in 1 month and the normal price range, from a calibrated model.
Earnings: next date, estimated EPS and surprise history.
Dividends and alerts by email when a company reports.
Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 2, 2026. How we calculate fair value.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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