Intel and AMD Stocks Tumble Amid Market Movements

Intel's stock recorded a 7% decline, despite receiving a double upgrade from Bank of America. Concurrently, AMD shares slid by 6%. This downturn for AMD occurred even as an AI infrastructure deal was noted, with profit-taking cited as a contributing factor.

By Fainaron·Jun 17, 2026 (2 days ago)·3 views

Intel and AMD Stocks Tumble Amid Market Movements

Intel's stock experienced a 7% drop in value. This decline occurred even as Bank of America (BoA) issued a double upgrade for the company.

Concurrently, shares of AMD slid by 6%. This downturn took place despite an AI infrastructure deal being announced, with market observers attributing the slide to profit-taking.

(Source: Yahoo Finance)

#intel #amd #stock market #shares #technology #profit-taking #bank of america

Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Yahoo Finance. Read the original at Yahoo Finance →

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Intel and AMD Stocks Tumble Amid Market Movements

More like this

Two Men Arrested in Delaware for Waste Product Theft at Beachside Restaurants

Enterprises Face AI Credibility Gap Despite Widespread Claims

US Homeowners Adapt to Housing Market, Willing to Accept Higher Mortgage Rates

Lululemon Faces Backlash in China Over Cultural Misstep at Great Wall Event

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