Advanced Micro Devices is trading 6.2% down at $470.09 amid a sharp semiconductor-sector pullback following Taiwan Semiconductor’s massive additional U.S. investment and higher capital-spending outlook.
- TSMC's updated guidance has raised investor concerns regarding escalating AI infrastructure costs and stretched valuations across the chip sector.
- The stock appears to be moving in line with broader macro risk-off trends, as there are no fresh, company-specific negatives for the firm this morning.