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Advanced Micro Devices Inc. (NASDAQ:AMD) shares are trading lower during Monday’s premarket session.
The decline follows a weekend of escalating geopolitical tensions that have dampened investor appetite for high-growth technology names.
Geopolitical Tensions Weigh On Tech
U.S. stock futures fell Monday morning after President Donald Trump announced a blockade of the Strait of Hormuz. The move followed the collapse of peace talks in Islamabad on Sunday. The breakdown occurred after 21 hours of discussions. Vice President JD Vance stated Washington would not compromise on its core demands.
Rising Oil And …
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