Advanced Micro Devices is trading 3.07% down at $490.47 in pre-market trading as broader risk-off sentiment pressures technology and semiconductor shares.
- The Nasdaq Composite was down 1.17% and the S&P 500 down 0.53% in pre-market trading.
- Overnight Middle East tensions, higher oil prices, rising bond yields, and weaker Asian markets are adding pressure.
- No fresh company-specific announcement was identified; recent debt-offering news was reported on August 17.