AMD Stock Drops Below $500 Despite Bullish Outlook

TLDR AMD stock fell about 5% on Monday, slipping below the $500 level as semiconductor shares weakened. AMD sees its AI-related market opportunity reaching about $2 trillion by 2030. The company expects its data-center business to double in 2027 and reach roughly $70 billion in sales. Supply constraints, insider selling and concerns over technology spending [...]

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