🔴 AMD 2x ETF (AMDC) is trading 8% down today after concerns over AI infrastructure spending

AMDC is trading at $19.08 (-8.00%) amid a semiconductor selloff over AI infrastructure spending concerns.

• Leveraged exposure amplified weakness in AMD, Nvidia, Intel, and other AI-linked chipmakers after executives urged slower frontier-AI development.
• Higher Treasury yields, oil above $108, Middle East tensions, and Federal Reserve rate-hike expectations added to risk-off pressure.
• The move appears sector-driven, with no AMDC-specific announcement; Nasdaq and wider technology market declined as investors reassessed AI-growth valuations and interest-rate risks.