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
418,00 €
-1,66 %
Klares Buy-Übergewicht bei der Advanced Micro Devices Inc. Aktie mit 105 zu 4 Einschätzungen.
Das Kursziel von 523 € für Advanced Micro Devices Inc. impliziert eine deutliche Steigerung um über 20% gegenüber 418.0 €.
