Why AMD Stock Was Sliding Today

Shares of Advanced Micro Devices (NASDAQ: AMD) were taking a dive today in response to an analyst downgrade, calling out weakness in its artificial intelligence (AI) division.In addition, the stock may have reacted negatively to a downbeat employment report, as well as a new threat about tariffs on semiconductors. Finally, reports came out showing that OpenAI was planning to make its own AI chips for the first time, which could threaten suppliers like AMD and Nvidia.As a result, the stock was down 6.3% as of 11:28 a.m. ET.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool