AMDC is trading 11.3% down today as a renewed selloff in the semiconductor and AI chip sectors pressures leveraged products.
- Global markets are retreating as concerns mount over lofty AI valuations and TSMC’s massive capital expenditure plans.
- Macroeconomic factors, including rising interest rates and escalating U.S.-Iran tensions, are weighing heavily on high-beta tech stocks.
- The downturn follows a broader drag on equities led by semiconductor makers, impacting ETFs linked to AMD and the wider chip space.