U.S. Stocks Open Mixed; AMD Stock Drops 3% as Its Outlook Underwhelms Investors

Tiger Newspress

11/05

US stocks opened mixed on Wednesday as valuation concerns around the artificial intelligence trade persisted after chipmaker AMD posted its latest quarterly results.

AMD fell about 3% after it issued margin guidance that only met analyst expectations, leaving investors wanting more. The company did post third-quarter earnings and revenue that beat analyst expectations.

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