Why AMD stock is down today

As the early September stock market amply demonstrated, the fate of Advanced Micro Devices (NASDAQ: AMD) is closely linked to that of its peers in the technology and semiconductor industry.Though the stock appeared primed for strong moves as it was widely expected to grab market share from its competitor Intel (NASDAQ: INTC) – a company so badly pressured that it is down 60% in 2024 and that there are rumors it will be removed from the Dow Jones index – and experience something of a renaissance, the last 5 ...