negative
AMD shares plunge ~23% in November amid AI competition and cost pressures
Advanced Micro Devices stock is down nearly 23% in November, pacing for its worst month since September 2022. The decline reflects investor concerns over rising memory prices, interest-rate risks and intensifying competition from Google’s AI infrastructure developments. AMD’s upcoming AI processors and data-center products are under close market watch as cloud providers expand their mix of computing hardware.
Companies:
- Advanced Micro Devices
Tags:
- AMD
- stocks
M• By Ayush Samantaray
Explore:Mutual Fund Screening
negative
AMD shares plunge ~23% in November amid AI competition and cost pressures
Advanced Micro Devices stock is down nearly 23% in November, pacing for its worst month since September 2022. The decline reflects investor concerns over rising memory prices, interest-rate risks and intensifying competition from Google’s AI infrastructure developments. AMD’s upcoming AI processors and data-center products are under close market watch as cloud providers expand their mix of computing hardware.
Companies:
- Advanced Micro Devices
Tags:
- AMD
- stocks
M• By Ayush Samantaray
Explore:Mutual Fund Screening
1 min read
63 words
AMD shares have fallen about 23% in November amid cost pressures and growing competition in AI hardware from alternative platforms.
Advanced Micro Devices stock is down nearly 23% in November, pacing for its worst month since September 2022. The decline reflects investor concerns over rising memory prices, interest-rate risks and intensifying competition from Google’s AI infrastructure developments. AMD’s upcoming AI processors and data-center products are under close market watch as cloud providers expand their mix of computing hardware.
Advanced Micro Devices stock is down nearly 23% in November, pacing for its worst month since September 2022. The decline reflects investor concerns over rising memory prices, interest-rate risks and intensifying competition from Google’s AI infrastructure developments. AMD’s upcoming AI processors and data-center products are under close market watch as cloud providers expand their mix of computing hardware.
Companies:
- Advanced Micro Devices
Tags:
- AMD
- stocks
- AMD
- stocks
- AI hardware
- competition