🔴 AMD is trading 5% down today as macro headwinds and weak China guidance weigh on shares

AMD is trading at $190.07 (-5.06%) as hotter-than-expected PPI inflation data and escalating geopolitical tensions drive a broad market selloff, with the NASDAQ falling over 1.4%.

• Sentiment remains pressured by a 75% reduction in Q1 2026 China guidance and rising operating expenses, overshadowing a $600M beat in Q4 earnings.
• Investors are increasingly concerned over HBM supply risks and delays in high-stakes AI chip ramps like the MI450, which the recent Ryzen AI 400 Series launch failed to offset.