On September 3, Advanced Micro Devices fell 3.32% in regular trading, trading at $448.33/share, with turnover of $1.297 billion. The decline came amid a confluence of macro headwinds hitting the semiconductor sector.
The U.S. Commerce Secretary stated that the Trump administration is considering a new round of import tariffs on semiconductors and may further raise levies on foreign-made chips, signaling that companies not producing domestically could face significant cost pressures. The news triggered a swift repricing of geopolitical risk across global chip stocks. Separately, an escalating U.S.-Iran military conflict pushed WTI crude above $91/barrel, driving the 10-year Treasury yield to a 20-month high and lifting the market-implied probability of a September rate hike to approximately 68%, up sharply from under 40% a week earlier.
Within the Semiconductor sector, Broadcom fell 5.74%, SK hynix declined 3.21%, Micron Technology dropped 1.84%, and Intel slipped 0.57%, while NVIDIA bucked the trend with a 1.62% gain. Options flow in AMD has also skewed bearish in recent sessions, with a roughly $2.8 million call spread selling structure and multiple large put purchases reflecting cautious institutional positioning.
(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.)
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