Advanced Micro Devices (NASDAQ: AMD) stock slid nearly 5% on Monday as macro-driven profit-taking, geopolitical tensions, and supply chain fears cooled the high-flying semiconductor sector.

Advanced Micro Devices (NASDAQ: AMD) stock slid nearly 5% on Monday as macro-driven profit-taking, geopolitical tensions, and supply chain fears cooled the high-flying…

Chip stocks declined as AI spending concerns, SK Hynix's sharp fall and profit booking hit Nvidia, AMD, Micron and other semiconductor shares.