Why AMD Stock Is Down Over 20% From Its Peak

By Jose Najarro – Apr 5, 2024 at 9:33AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$259B

Today's Change

(1.78%) $2.80

Current Price

$160.20

Price as of April 29, 2024, 4:00 p.m. ET

Advanced Micro Devices believes its AI chip, the MI300x, will be its biggest growth opportunity.

In today's video, I discuss recent updates affecting Advanced Micro Devices (AMD 1.78%) and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of April 4, 2024. The video was published on April 4, 2024.

Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.