AMD stock price slips below $200 as tariff jitters hit tech; Nvidia results loom
AMD shares fell 1.4% to $197.29 in late morning Nasdaq trading Monday as tech stocks declined after President Trump announced a new 15% tariff. About 8.3 million AMD shares traded between $194.42 and $199.34. Investors are watching Nvidia’s upcoming results for signals on AI chip demand. AMD recently detailed its “Helios” rack-scale AI system and a partnership with Tata Consultancy Services in India.