AMD Stock Plunge: AI Jitters or Profit Taking?

AMD's stock dipped after Marvell Technology's weak AI chip forecast spooked investors, triggering profit-taking in the volatile AI sector. Despite the temporary setback, AMD's year-to-date performance remains strong, buoyed by recent positive analyst upgrades and a major partnership with IBM, highlighting the rollercoaster nature of tech stock investments. Hosted on Acast. See acast.com/privacy for more information.