🔴 AMD is trading 3.4% down today as NASDAQ slides on Fed rate cut delays

AMD is trading at $206.37 (-3.38%) during today's open session, tracking a broader tech sell-off as the NASDAQ drops 1.82%.

• The decline follows a strong U.S. jobs report that has bolstered expectations for delayed Federal Reserve rate cuts, putting downward pressure on high-growth semiconductor stocks.
• Shares remain volatile following a sharp 17% plunge on February 4, 2026, which was triggered by disappointing Q1 guidance and concerns over the sustainability of one-time China AI chip sales.