🔴 Advanced Micro Devices is trading 3.72% down in pre-market amid broad risk-off and technology-sector pressure

Advanced Micro Devices is trading at $532.15, down 3.72% in pre-market amid broader risk-off and technology-sector pressure.

• The Nasdaq is down 1.73%, while the S&P 500 is down 0.99%.
• Renewed concerns about returns on heavy AI investment have pressured semiconductor shares in Asia, including major chipmakers.
• Advanced Micro Devices announced AI infrastructure deals in Europe and India, but these do not explain the decline; no separate company-specific negative catalyst was identified.