AMD stock fell 1.9% after starting strong due to tariff negotiations and market downgrades

From Nasdaq: 2025-04-08 13:55:00

Advanced Micro Devices (NASDAQ: AMD) stock started the day strong but fell 1.9% by 1:30 p.m. ET. The S&P 500 and Nasdaq Composite also dipped. AMD surged on hopes of tariff negotiations, but momentum waned due to a market downgrade. KeyBanc analyst downgraded AMD due to China AI business uncertainty.

Invest $1,000 in the 10 best stocks to buy now. AMD is down as recovery momentum fades. Trade talks sparked a market jump, but stocks are now down. KeyBanc downgraded AMD, citing AI business uncertainty and tougher market share competition. Analysts may issue a “Double Down” stock pick soon.

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