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Advanced Micro Devices shares lost ground Thursday as Jefferies analysts downgraded the stock, saying they expect the ...

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AMD shares fell Thursday as the chip maker's stock was downgraded by Jefferies analysts. The analysts said they expect the performance gap between AMD's latest products and Nvidia's to widen.

Advanced Micro Devices shares are trading lower by 4.6% during Wednesday's session. Shares of chip stocks are trading lower amid overall market weakness, which may be due to tariff volatility.