AMD is trading at $196.62 (-5.16%) as the stock tracks broader market volatility and a downturn in the technology sector.
- The move aligns with a wider sell-off in large-cap tech and AI stocks, with the NASDAQ dropping 1.25% during the session.
- No major company-specific news emerged today following yesterday's announcement of the Helios AI partnership with TCS.
- The stock continues to face headwinds after a recent 17% post-earnings plunge driven by weak Q1 2026 guidance and revenue challenges in China.