Advanced Micro Devices Inc
AMDToday
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6 Months
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1 Year
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Advanced Micro Devices Inc News
US Chip Stocks Tumble Premarket as Apple Price Hikes Spark AI Cost Pass-Through Worries
TradingKey - During Friday's pre-market session EST, the US semiconductor sector suffered a widespread sell-off. ON Semiconductor (ON) saw its pre-market decline widen to as much as 13.6%, Micron Technology (MU) fell 4.7%, and AMD (AMD) and Intel (INTC) both dropped over 3%.
Apple Stock Price Forecast: Product Price Hikes Trigger Over 6% Drop, May Continue to Correct
TradingKey - On Thursday, June 25 (Eastern Time), Apple (AAPL) shares closed down 6.12% at $275.15, after hitting an intraday low of $273.75. Looking at the session, Apple not only underperformed the Nasdaq today but also became one of the key heavyweights dragging down the performance of mega-cap tech stocks. The direct catalyst for the market sell-off was Apple's recent announcement of price hikes across multiple hardware products, triggering a reassessment by investors of its future demand, profit margins, and brand pricing power.
AI Sector Pulls Back: Micron Plunges Over 13%, Can Earnings Be the Clarion Call for a Counterattack?
TradingKey - On Tuesday (June 23) Eastern Time, dragged down by the collapse of the semiconductor sector in the South Korean stock market, US tech stocks experienced a notable pullback, particularly exerting a direct sentiment transmission on US memory chip and AI hardware chains.
US Pre-Market: Fed Decision Looms; Nasdaq Futures Lead, AI Chip Stocks Rebound, SpaceX Rises Over 4%
TradingKey - On Wednesday Eastern Time, US stock index futures were mixed in pre-market trading, as the broader market maintained a cautious yet firm tone. Investors are awaiting the Federal Reserve's June interest rate decision, as well as the inaugural press conference of the new Fed Chair, Kevin Warsh. While a temporary US-Iran agreement recently triggered a sharp decline in oil prices, easing market anxieties over energy inflation, investors continue to assess the implementation details of the deal and whether the Federal Reserve will deliver more hawkish interest rate signals.
Japan, South Korea Stocks Open Lower and Rise, Nikkei Continues to Hit New Highs, Kospi Rises Over 1.5%, SK Hynix Gains Nearly 6%
TradingKey - During the Asian trading session on June 17, Japanese and South Korean stock markets both opened lower but rebounded to close higher. The Nikkei 225 Index extended its strong performance to hit another record closing high, while South Korea's KOSPI Index rebounded strongly after opening sharply lower, posting significant gains at the close.
Samsung Electronics Wins Foundry Orders From Google, AMD and BYD as TSMC Capacity Tightness Drives Client Shift
TradingKey - During the Asian trading session on June 17, Japanese media reported that as TSMC's (TSM) advanced process capacity continues to tighten, companies such as Google (GOOGL), AMD (AMD), BYD, and Tesla (TSLA) have recently increased their engagement with Samsung Electronics regarding foundry collaboration, leading to a significant increase in orders for Samsung's foundry business.
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