Nov 7, 2026
AMD stock rose 11% to $449 on Fri, Nov 6: chip rebound after midterm scare
AMD closed at $449.04 on Fri, Nov 6, up 11.04% (about $45 a share) as chip stocks rebounded after Thursday's AI/data-center selloff on midterm regulation fears. SOX about +4.2%. Nvidia +2.8%. Intel +7.7%.
Sir Toastimir
Footage: AMD (YouTube)
Not financial advice. This is a news recap, not a recommendation about any stock.
AMD stock rose 11.04% on Fri, Nov 6, closing at $449.04, up from $404.40 on Thursday — about $45 a share. That followed a roughly 17% drop the day before.
The market on Friday
The Philadelphia Semiconductor Index rose about 4.2%. The Nasdaq Composite rose about 1.1% to about 24,579. The S&P 500 rose about 0.3% (+23 points) to 7,376.86. The Dow Jones Industrial Average fell 0.46% to 51,285.73. Nvidia rose 2.78% to $186.64. Intel rose 7.71% to $56.28. Micron rose 5.12% to $690.00.
Why it moved
Reuters, Yahoo Finance and Fox Business attributed Friday's chip rebound to a recovery after Thursday's AI and data-center selloff, which those outlets tied to midterm election fears about AI regulation and data-center buildout. Yahoo Finance also noted Thursday's semiconductor drop was the sector's worst since 2020.
Footage in the video
Clips are from AMD's official YouTube channel (Instinct MI300 / MI350 series) plus NVIDIA and market footage used for context. Links are below.
Links
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