AMD shares dropped 8.4% due to China imposing a 34% tariff on U.S. imports, negative.

From StockStory Media Group: 2025-04-04 15:14:00

AMD shares dropped 8.4% after China imposed a 34% tariff on all U.S. imports, impacting U.S. chipmakers heavily due to China’s demand. The Trump administration hinted at further regulatory action, raising concerns despite semiconductors being excluded from recent tariffs. The stock closed at $85.77, down 8.6%.

Despite the drop, the market sees the news as significant but not game-changing for AMD. The previous big move was a 7.8% gain 11 days ago on positive tariff news. AMD is down 29.3% this year and 53.6% from its 52-week high. Investors who bought 5 years ago would see a return of $1,795 today.



Read more at StockStory Media Group: Why AMD (AMD) Shares Are Getting Obliterated Today