AMD Shares Feel the Heat as Intel Drags Chip Stocks Lower: What’s Going On?
Advanced Micro Devices shares are down about 8% in premarket Friday as chip stocks slide after Intel's earnings and outlook.
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Why It Matters
Intel disappointed investors, which made people worried about all chip companies. When one big company struggles, people wonder if others might too.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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