🔴 Advanced Micro Devices is trading 3.2% down today as OpenAI pause rattles AI-linked stocks

Advanced Micro Devices is trading 3.2% down at $610.28 amid concerns about AI hardware demand after OpenAI paused training and testing its most advanced models.

• Coverage says the pause is affecting AI and chip stocks, but does not specifically name Advanced Micro Devices.
• The S&P 500, Nasdaq Composite and Dow are down 0.48%, 0.65% and 0.42%, respectively, amid rising oil prices, Treasury yields and inflation concerns.