AMD shares closed at $230.29 on November 18, 2025, down -4.25%, extending a week-long decline of nearly 10%[1]. This drop places AMD in correction territory, reflecting a broader unwinding of the AI trade and intensified selling across major tech stocks, as highlighted by MarketWatch and other financial outlets[1][3]. The selloff is attributed to investor skepticism about the sustainability of AI-driven gains and a sector-wide downgrade, despite AMD's recent strong Q3 earnings and new partnership announcements[1][2]. No major company-specific negative news was reported, suggesting the decline is primarily due to shifting sentiment in the technology and AI sectors.