Advanced Micro Devices is trading at $57.40, down -3.85%, as semiconductor stocks sell off amid concerns about AI infrastructure spending and financing risks.
- Hotter-than-expected inflation has revived worries about higher interest rates, which could raise financing costs for capital-intensive data-center projects.
- No clear company-specific catalyst surfaced; the broader chip rout is the stronger explanation. SOXX was down 3.68% during the regular session.