According to CoinMeta, AMD (Nasdaq: AMD) fell by 8% due to China's announcement of new technology. Despite the company's solid fundamentals, China's breakthrough in semiconductor equipment triggered a significant sell-off in the market. On July 27, 2026, Shanghai's manufacturing facilities announced the production of domestically made immersion deep ultraviolet (DUV) lithography equipment, marking China's first viable alternative to ASML (Nasdaq: ASML) technology. Although AMD's core business indicators remained stable and earnings per share in the first quarter reached $1.37, exceeding market expectations, the market reaction was still overly intense. Analysts expect AMD to achieve 47% revenue growth in its financial report on August 4, reaching approximately $11.2 billion.