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Advanced Micro Devices Slides 13% as Part of Tech Selloff (AMD:NASDAQ)
Summary by Seeking Alpha
4 Articles
4 Articles
AMD Stock Falls 11.8% as Intel’s PC Warning Triggers Chip Selloff Ahead of Nov. 3 Results
AMD stock fell 11.78% to $499.67 during Friday’s regular trading session, extending losses after Intel’s weaker-than-expected fourth-quarter guidance raised concerns about the semiconductor industry’s exposure to a prolonged PC slowdown. The decline had already started before the opening bell, but selling intensified after the market opened, putting Advanced Micro Devices (NASDAQ: AMD) under greater pressure just four days before its own third-q…
Chip Stocks Wipe Out $1 Trillion in Friday Bloodbath: 5 Stocks Alone Account for 60% of the DamageIntel's worst day since 1974 drags chip stocks down about $1 trillion, with Nvidia, Intel, AMD, TSMC and Broadcom behind 60% of the losses
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Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center1Last Updated50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
Factuality
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