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AMD Slides Amid Broad Semiconductor Selloff After Broadcom Guidance Miss

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • AMD and the broader semiconductor sector are suffering a sharp selloff following Broadcom’s disappointing third-quarter guidance for AI-related revenue.
  • Investors are recalibrating expectations for the AI chip demand cycle after months of aggressive sector growth.
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AMD price history

493.41 +130.31% over the displayed period

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