With Intel's SoftBank Deal Fueling Competition Fears, AMD Stock Slides Despite Bullish AI Outlook

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With Intel's SoftBank Deal Fueling Competition Fears, AMD Stock Slides Despite Bullish AI Outlook

benzinga.com/trading-ideas/movers/25/08/47238707/with-intels-softbank-deal-fueling-competition-fears-amd-stock-slides-despite-bullish-ai-outl

Shares of Advanced Micro Devices Inc (NASDAQ:AMD) are continuing their slide Wednesday morning, extending their downturn from Tuesday when several high-profile, AI-related stocks came under pressure.
Shares of several chip stocks fell Tuesday after Intel Corp (NASDAQ:INTC) bolstered its…

This story appeared on benzinga.com, 2025-08-20 15:30:39.