🔴 Advanced Micro Devices is trading 7.3% down today amid a broad sell-off in AI and semiconductor stocks

Advanced Micro Devices is trading 7.3% down at $458.75 as investors aggressively sell semiconductor and AI-exposed stocks.

• The decline follows several days of losses and comes alongside a steep fall in the broader chips sector.
• Market sentiment is being weighed down by concerns regarding heavy AI infrastructure spending and increasing competition from Chinese firms.
• The move reflects a broader rotation away from megacap technology names that has pressured the sector in recent sessions.