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AMD Drops 5% Premarket as AI Capex Concerns Spark Chip Selloff

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • AMD fell over 5% premarket alongside peers Nvidia and Broadcom amid growing concerns that AI safety debates could slow down infrastructure capital spending.
  • Following massive rallies, premium valuations are exacerbating broad profit-taking across the semiconductor sector.
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AMD price history

491.25 +138.32% over the displayed period

Advisor Snapshot

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