AMD-linked futures, post-earnings upside reduced from 9.14% to 3.03%

AMD-linked perpetual futures surged as much as 9.14% immediately after the chipmaker's earnings release but had retraced to a 3.03% gain by the time of reporting, giving back roughly two-thirds of the post-earnings spike. The contract traded near $486.10 before the results, peaked at $530.51, and later fell to $500.80, according to TradingBeats data cited by BlockBeats; these are prices for the perpetual futures tracking AMD stock, not the underlying shares. AMD reported third-quarter revenue of $13.377 billion, up 45% year over year. The pullback matters because it shows leveraged crypto-market traders quickly fading the initial earnings pop even as the company's top-line growth beat prior-year levels. What to watch next is whether the perpetual contract can hold above the $500 level or continues to unwind toward its pre-earnings price.