Why AMD Stock Is Plummeting Today
Advanced Micro Devices (NASDAQ: AMD) stock is losing ground Thursday. The semiconductor company's share price was down 5.6% as of 3 p.m. ET. Meanwhile, the S 500 (SNPINDEX: ^GSPC) declined 0.8%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell 1.3% in the session.
AMD stock is sinking amid a new round of bearish macroeconomic data. Concerns that valuations for artificial intelligence (AI) companies could be overly elevated are also factoring into the pullback.
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Source Fool.com
Advanced Micro Devices Inc. Aktie
176,64 €
1,89 %
Hohe Buy- und niedrige Sell-Zahlen bei Advanced Micro Devices Inc. zeigen ein stark positives Sentiment.
Das Kursziel von 232 € für Advanced Micro Devices Inc. weist auf eine Steigerung von über 20% gegenüber dem aktuellen Kurs von 176.64 € hin.
