On September 14, Advanced Micro Devices fell 4.59% in pre-market trading, trading at approximately $491.19/share, with turnover of $19.598 million.

On the news front, AMD CEO Lisa Su, acting as trustee, filed to sell 25,000 shares through the Lisa Su and Daniel Lin Family Trust, valued at approximately $13.03 million. Simultaneously, Su personally filed to sell 70,000 shares worth approximately $36.47 million, bringing the combined reduction plan to nearly $50 million. SEC filings indicate Su had already conducted two prior disposals totaling 45,000 shares in the preceding three months.

Adding to the pressure, the semiconductor sector saw broad pre-market weakness after Morgan Stanley cut its target price on ASML. Sector peers declined sharply, with Lam Research down 4.96%, Applied Materials down 5.15%, and KLA down 5.11%. Within the Semiconductors sector, Micron Technology fell 4.77%, Intel fell 5.49%, Broadcom fell 3.01%, Taiwan Semiconductor Manufacturing fell 3.06%, and NVIDIA fell 2.06%, reflecting a systemic industry downturn that further weighed on AMD.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)