Bearish
AMD stock declines 2.6% to $148.32 amid hawkish Fed signals
In the past 24 hours, AMD's stock price fell 2.6% to $148.32, influenced by Federal Reserve Governor Kevin Warsh's hawkish rate signals, which impacted the semiconductor sector. Despite this, AMD's MI300X GPU continues to secure data center wins, indicating sustained demand for its products.
Key points
- AMD stock drops 2.6% to $148.32 following hawkish Fed signals
- MI300X GPU continues to secure data center wins
Sources
AI-generated from public news sources. Not financial advice.
