AMD(US:AMD) Zhong Guo Ji Jin Bao·2026-02-04 16:17Group 1 - The technology sector is experiencing significant pressure, with major stocks like AMD dropping sharply due to disappointing earnings guidance, which has raised concerns about the company's progress in the AI field [2][7] - AMD's stock plummeted by 15%, while other tech stocks also faced declines, including Applovin Corporation down 13.73%, SanDisk down 11.52%, and Micron Technology down 8.88% [3][7] - The iShares Expanded Tech-Software Sector ETF saw a decline of approximately 3%, indicating ongoing investor concerns about the commercial risks associated with software companies as AI tools become more powerful [4][7] Group 2 - Analysts suggest that the market is not abandoning AI but is pricing it more cautiously, with AMD's performance being penalized for not exceeding high expectations set by previous rumors [7] - The storage sector is also facing significant declines, with SanDisk down over 11%, Western Digital nearly 10%, and Micron Technology down over 9%, while Seagate Technology has seen a drastic drop of over 65% [7] - Despite the challenges, there are positive implications for the AI supply chain, as memory and chip manufacturers will be essential for the operation of new AI tools and products [7]