AMD Shares Slide 3.12% as Chip Stocks Falter, Sets Virtual May 13 Meeting
AMD shares slid 3.12% as chip stocks relinquished earlier gains, contributing to a broader S&P 500 decline. The company also announced its Annual Meeting of Stockholders will be held virtually on May 13, 2026, with proxy voting details available on its website.
1. Market Performance
On May 7, broader equity markets closed lower as semiconductor names gave up earlier gains. AMD shares fell 3.12% by the close, reflecting sector-wide profit-taking after recent rallies in chip stocks.
2. Annual Meeting Details
Advanced Micro Devices will host its Annual Meeting of Stockholders virtually on May 13, 2026 at 9 a.m. PT. Voting matters outlined in the 2026 Proxy Statement will be addressed, with a live audio webcast and a replay available online for up to one year.
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