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AMD Eyes $4B Data Center Sell-Off: Report - Wall Street Pit

Summary by Wall Street Pit

Shares of Advanced Micro Devices Inc. (AMD) dipped 2.65% to $111.16 in midday trading on Friday, mirroring a broader market sell-off while grappling with news of a potential $4 billion divestiture of server chip manufacturing plants in New Jersey and Texas. Bloomberg reports that AMD, under Dr. Lisa Su’s leadership,…

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Wall Street Pit

AMD Eyes $4B Data Center Sell-Off: Report - Wall Street Pit

Shares of Advanced Micro Devices Inc. (AMD) dipped 2.65% to $111.16 in midday trading on Friday, mirroring a broader market sell-off while grappling with news of a potential $4 billion divestiture of server chip manufacturing plants in New Jersey and Texas. Bloomberg reports that AMD, under Dr. Lisa Su’s leadership,…

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Wall Street Pit broke the news in 1 day ago on Friday, February 21, 2025.

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