Advanced Micro Devices, Inc.
Why it moved today
AMD fell 3.04% as chip sector weakness and short selling pressures outweighed enterprise diversification tailwinds.
AMD Price Trend
Data source: Yahoo Finance
High
$589.41
Low
$480.37
Change
+11.18%
Nvidia short selling pressures and semiconductor sector retreat.
For informational purposes only. Not investment advice.
A factual summary of how strongly today's price move is backed by trend, momentum, volume, and news - not a rating of the stock, a buy or sell signal, or a forecast. A sharp fall can score as high as a sharp rise. See the methodology.
5 free analyses remaining
Create a free account to track AMD and get unlimited analyses.
Advanced Micro Devices, Inc. (AMD) lost 8.75% today, trading at $534.06 on the NYSE/NASDAQ. AMD fell 3.04% as chip sector weakness and short selling pressures outweighed enterprise diversification tailwinds. Key support sits at $485.82 with resistance near $583.96.
Nvidia short selling pressures and semiconductor sector retreat.
Broader chip sector short selling sentiment overwhelmed stock-specific enterprise tailwinds, triggering profit-taking and selling pressure.
Downtrend market technicals.
Headlines we considered when writing this analysis. Click through to verify against the original publisher.
Look up any ticker or company to see today's story.
