Shares of AMD fell after the chipmaker reported adjusted earnings of 48 cents per share.

Shares have advanced more than 46% so far in 2025.

AMD, which is second in the market for AI graphics processing units, is grappling with chip export controls.

Shares of AMD fell after the chipmaker reported adjusted earnings of 48 cents per share.

The chipmaker fell short of earnings expectations and raised concerns about the timing of a restart in China shipments.

Kristina Partsinevelos breaks down the latest action in AMD and chip stocks.