🔴 Advanced Micro Devices is trading 3.04% down today as semiconductor stocks fall

Advanced Micro Devices is trading 3.04% down at $63.70 on September 28, amid pressure across semiconductor and AI-related stocks; no company-specific catalyst is confirmed.

• The SOXX semiconductor ETF was down 2.5% in early trading.
• Oil jumped after the U.S. rejected Iran’s proposal, while the 10-year Treasury yield rose above 5.23%, its highest level since 2007. Higher yields can be especially difficult for high-growth technology shares.