AMD Stock Falls 11.8% as Intel’s PC Warning Triggers Chip…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
AMD stock fell 11.78% to $499.67 during Friday’s regular trading session, extending losses after Intel’s weaker-than-expected fourth-quarter guidance raised concerns about the semiconductor industry’s exposure to a prolonged PC slowdown. The decline had already started before the opening bell, but selling intensified after the market opened, putting Advanced Micro Devices (NASDAQ: AMD) under great…