Chip stocks are under pressure, with AMD and INTC on watch as QQQ falls 1.2% premarket while SPY declines 0.5% and DIA remains unchanged. Oracle, Adobe, and Copart report after today’s close, while Red Sea and broader Middle East developments keep global energy flows in focus. No confirmed company-specific catalyst has emerged for INTC’s sizeable decline, and AMD remains weak despite TSMC’s reported sales milestone.
For informational and educational purposes only. Not financial advice.
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