Chipmakers’ Stocks Plummet Amid Industry Downturn
Stocks of major chipmakers AMD and Broadcom plummeted on April 17, 2025, as the semiconductor industry continues to face a downturn. Advanced Micro Devices (AMD) dropped 2.07%, while Broadcom decreased by 0.76%. The decline in stocks is attributed to a range of factors including increased competition, declining demand for chips, and supply chain issues. The … Read more