AMD is trading at 3.52% down now at $222.18 after a week of sharp declines triggered by sector-wide downgrades and growing skepticism about AI chip valuations. The stock has dropped nearly 10% over the past five trading sessions, with today's move reflecting continued investor concerns about AMD's stretched valuation, doubts over the profitability of its OpenAI partnership, and intensifying competition from Nvidia and Intel. Technical indicators have turned bearish, and analysts warn of a potential deeper correction as momentum fades. The broader market is mixed, but AMD's decline is notably steeper than major indices, indicating company-specific pressures are the primary driver.