AMD Tumbles 13%, NVIDIA Slides 7% as AI Regulation Fears Hit Chip Stocks; Intel Sinks 8%
Political risk is outweighing strong earnings across the AI chip trade, and Advanced Micro Devices (NASDAQ:AMD) is taking the hardest hit. AMD stock is at $424.36, down 13% in morning trading. The slide comes days after the chipmaker reported a quarter that CEO Lisa Su said “was the largest and most profitable in our history.” […]
What This Story Means
Claude is explaining the story in plain words…
Read the Full Story at the Source
The summary here comes from the news provider; the rest of the article lives on the publisher's site: Yahoo