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AMD Stock Dips Amid China Tariff Tensions, Despite OpenAI Deal Momentum

AMD Stock Dips Amid China Tariff Tensions, Despite OpenAI Deal Momentum

Author:

Global Cryptocurrency

Published:

2025-10-11 23:54:02

9

3

BTCCSquare news:

Advanced Micro Devices (AMD) shares declined Friday as renewed U.S.-China trade tensions rattled tech investors. The TRUMP administration's tariff threats against Chinese rare earth exports triggered broad market unease, overshadowing AMD's recent $6 billion GPU supply deal with OpenAI.

The chipmaker had rallied earlier in the week after announcing its multi-generational partnership with the AI leader, which includes a 10% equity stake for OpenAI. Supply chain reports now suggest cooling demand for AMD's AI accelerators may temper the deal's immediate impact.

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