Yahoo Finance Live anchors discuss the decline in stock for AMD after issuing preliminary third-quarter results.
Shares of tech giant Microsoft (NASDAQ: MSFT) fell hard today, down some 4.5% as of 12:30 p.m. ET. Microsoft is considered somewhat defensive by tech standards, so it was rare to see the stock down so much in a day. Last night, AMD pre-announced revenue for its September quarter, which came in far below expectations.
The near-term weakness in semiconductors will open up long-term investment opportunities for value investors.