AMD (Advanced Micro Devices) Stock News

Chip stocks rose Monday after falling for eight straight trading sessions. AI chipmaker AMD was among the big gainers.

Intel and AMD shares rebounded on Monday after a difficult week, as investors bought the dip and falling oil prices provided additional support to the broader market. Intel shares INTC rose nearly over 4% at the market open, while AMD gained more than 3%.

It's a key week for tech stocks as Nvidia gears up for a European conference and Meta prepares to report earnings.

Intel INTC and Advanced Micro Devices shares extended their losses on Thursday as the semiconductor sell-off continued across the sector, with even Taiwan Semiconductor Manufacturing Co.'s record quarterly results failing to lift investor sentiment. At the time of writing, Intel shares fell 3.84%, while AMD declined around 3.77%, extending a difficult stretch for both chipmakers.

The AI trade is having a rough week.

Reported details about Anthropic's financial progress are adding to concerns about the health of the AI ecosystem.

Nvidia, AMD and Micron stocks fell in Thursday pre-market trading as Wall Street's AI sell-off shifted from concerns about demand to questions over who can afford to keep financing the infrastructure boom. Nvidia slipped 1.8%, AMD dropped 2.5% and Micron lost 4%, while Nasdaq 100 futures fell about 1.3%.

AMD shares fell 5.7% as CoreWeave's bond selloff raised concerns about AI spending and demand for chips.