Why AMD Stock Is Sinking Today
Advanced Micro Devices Inc.
WKN: 863186 / Symbol: AMD / Name: AMD / Aktie / Halbleiter / Large Cap /
182,26 €
-0,47 %
Why AMD Stock Is Sinking Today
Advanced Micro Devices (NASDAQ: AMD) stock is losing ground in Friday's trading. The semiconductor company's share price was down 5.2% as of 11:15 a.m. ET. Meanwhile, the S&P 500 index had fallen
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AMD’s stock decline reflects broader market pressure driven by a stronger-than-expected jobs report, which has increased risk aversion among investors. Combined with negative analyst sentiment, this macroeconomic shift is weighing heavily on semiconductor stocks.
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