AMDD.BA is trading 7.5% down at $52.80 as the recent two-day rebound driven by anticipation for the July Advancing AI summit reverses.
- The earlier rally was fueled by investor expectations for new AI chip partnership announcements and updates to the MI-series and Helio product lines.
- With no fresh company-specific news today, traders appear to be taking profits as the broader technology sector faces downward pressure.