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Nvidia Stock Falls After AMD Disappoints on Guidance

Nvidia Stock Falls After AMD Disappoints on Guidance

AMD stock was falling early Wednesday after disappointing investors on guidance for sales of processors used in data centers. Both semiconductor makers have benefited from the excitement around artificial intelligence and enjoy strong valuations. “We are firm believers in AMD’s revitalized product roadmap strategy, and product traction is compelling,” said KeyBanc strategists led by John Vinh.