AMDC is trading at $18.03 (-3.34%), extending losses after a broad semiconductor rout.

  • The Philadelphia Semiconductor Index fell nearly 5%, while AMD declined 4.39% as investors reduced exposure to richly valued AI and chip stocks.
  • Elevated long-term Treasury yields, oil-price uncertainty linked to U.S.-Iran tensions, and caution ahead of the 2:00 p.m. ET FOMC minutes are pressuring growth-oriented technology assets.