AMD joins Intel's pre-open slide as chip stocks face selling pressure
A look at the premarket selloff, with the trading-session labels kept clear.
AMD joined Intel in a sharp chip-stock selloff before Friday's U.S. market open. Reuters and TipRanks both reported AMD down about 8.3% in premarket trading, while Reuters and CNBC reported Intel down about 25% or more after its earnings and outlook.
These are pre-open observations, not current regular-session quotes or closing returns. The latest reports fetched for this story still described premarket trading. The figures below do not establish where the shares traded after the opening bell.
Intel's outlook casts a shadow over the sector
Reuters and CNBC linked Intel's decline to its results and weaker outlook. Their reports also described pressure on other technology shares as investors weighed heavy spending on AI infrastructure and the timing of returns on that investment.
Reuters reported Nvidia down 3.2% in its premarket account. That exact figure is reported by Reuters and has not been independently confirmed by Ticker Den. Different observation times can produce different snapshots, so it should not be read as a live quote.
A sector selloff is not the same as a new company warning
Intel's earnings and outlook are company-specific developments. A decline in another chip stock does not by itself show that the other business issued a new warning or reported a new operational problem. This story does not establish a new AMD earnings announcement.
The distinction also matters for market indexes. Reuters' 8:15 a.m. ET snapshot put Nasdaq-100 futures down 2.6% and S&P 500 futures down 1.12%. Those exact readings are reported by Reuters and have not been independently confirmed by Ticker Den. Futures are not the same instruments as the Nasdaq Composite or the cash S&P 500 index.
For the earlier pre-open picture, see today's Toast & Tickers and the First Light global-markets report. Premarket moves do not determine how a stock or index will close.
