Is the AMD Stock Plunge the Beginning of the End for Chip Stocks?
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AMD (AMD) stock is falling after the chipmaker posted stronger-than-expected Q1 results but provided Q2 guidance that was in line with expectations. Many investors likely expected the firm to benefit to a much greater extent from the AI boom. One analyst believes that AMD's AI revenue will surpass its guidance by a large amount. AMD (NASDAQ:AMD) stock is one of the top-trending names today, but the chipmaker’s shares are sinking about 7% in early trading. The stock is declining after the firm...

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