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Why AMD Stock Dropped Today

TheMotleyFool

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Shares of Advanced Micro Devices (NASDAQ: AMD) fell 6.1% on Tuesday as fears of an imminent slowdown in the semiconductor industry intensified.

Investors are growing more concerned that the economy could be headed toward a recession. With inflation raging, COVID-19 continuing to disrupt supply chains, and conflict in Europe driving up energy prices, the economy will have no shortage of challenges to overcome in the weeks and months ahead.

Image source: Getty Images.

Source Fool.com

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