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AMD forecast, U.S. credit downgrade drags down chip stocks

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cnbc.com/2023/08/02/amd-forecast-us-credit-downgrade-drags-down-chip-stocks.html

AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada.
Chip stocks dipped Wednesday, after AMD 's disappointing revenue forecast raised concern that fragility in the PC market and slower spending from businesses may be poised to continue.
AMD shares dropped 7. Marvell fell almost 6%,…

This story from cnbc.com was posted on 2023-08-03 by @moonray.

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