🔴 AMD 2x Daily ETF (AMDC) is trading 3.44% down today after AMD’s weak guidance

AMDC is trading at $18.06 (-3.44%) after AMD’s approximately $13 billion third-quarter guidance disappointed elevated AI-growth expectations.

• Semiconductor sentiment remains volatile; markets are nearly flat, while Nasdaq Composite is down 0.21% at 10:01 AM ET.
• No major U.S. economic releases are scheduled for August 10, 2026; lingering AMD-specific sector pressure is the catalyst.
• Strong AMD earnings came before guidance that failed to signal accelerating momentum, prompting AI-chip valuation reassessment; AMDC targets twice AMD’s daily performance, amplifying weakness.