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Benzinga
Benzinga
Business
Melanie Schaffer

Here's Why Advanced Micro Devices, Nvidia Stock Must Hold These Key Levels

Advanced Micro Devices Nvidia Nasdaq Advanced Micro Devices, Inc AMD Micron Technology Inc

After Micron Technology Inc. (NASDAQ:MU) released weak fourth-quarter guidance, Advanced Micro Devices Inc. (NASDAQ:AMD) and Nvidia Corp. (NASDAQ:NVDA) slid more than 5% lower on Tuesday.

The lower prices Advanced Micro Devices and Nivida suffered were accelerated by a downturn in the general markets, which saw the S&P 500 retracing about 0.5% to the downside.

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