AMD Stock Drops 5.7% as AI Debt Fears Rattle Chipmakers

TLDR AMD stock plunged 5.7% to $570.82 as concerns over AI infrastructure spending rattled semiconductor stocks. 2. CoreWeave’s rising borrowing costs raised fresh questions about debt-funded AI expansion and future chip demand. Nvidia’s dominance in AI accelerators adds competitive pressure as AMD seeks a larger share of data center spending. Broadcom, Nvidia, and Marvell joined the selloff as investors reassessed the financial sustainability of AI investments. AMD’s November 3 earnings report could provide fresh clues about data center growth and future AI chip orders. Advanced Micro Devices ( AMD ) shares fell 5.7% on Wednesday, October 14, closing at $570.82.

Source: CoinCentral