On Wednesday, the stock market experienced another significant decline, with all key indexes closing lower. Investor confidence waned following Federal Reserve Chair Jerome Powell’s pessimistic remarks about the U.S. economy, noting that tariffs might increase inflation and "take us farther from our objectives."
The technology-rich Nasdaq experienced the steepest decline, falling by 3.07 percent. The S&P 500 fell by 2.24 percent, and the Dow Jones decreased by 1.73 percent.
In order to compile the list of stocks that decreased in value on Wednesday, we solely looked at those having a market capitalization of $2 billion and a trading volume of $5 million.
A detailed view of an intricate PCB board featuring multiple integrated semiconductor components.
Advanced Micro Devices, Inc. (NASDAQ:AMD)
Advanced Micro Devices, Inc. (NASDAQ:AMD) fell by 7.35 percent on Wednesday to close at $88.29 apiece as investor sentiment was dampened by news that it expects up to $800 million in incurred charges from exporting its MI308 chips to China.
In a regulatory filing, Advanced Micro Devices, Inc. (NASDAQ:AMD) said that it expects to apply for licenses to export, “but there is no assurance that licenses will be granted.”
The new US license requirement, which applies to exports of certain semiconductor products, would hit inventory, purchase commitments, and related reserves.
Advanced Micro Devices, Inc. (NASDAQ: AMD) asserts that their MI300 series is "particularly adept at handling the toughest AI and HPC tasks." The company reportedly earned $25.8 billion in revenue for the year 2024; however, they cautioned that tariffs might impede this progress.
Overall AMD ranks 7th On our list of stocks that dropped on Wednesday, we recognize the appeal of investing in AMD. However, we firmly believe that AI stocks offer better prospects for generating high returns over a shorter period. One particular AI stock has seen growth since the start of 2025, even though many well-known AI shares have dipped roughly 25% during the same timeframe. Should you be searching for an AI stock with stronger potential compared to AMD yet trades below five times its earnings, consider reviewing our detailed analysis available in our latest report. cheapest AI stock .
READ NEXT: 20 Top AI Stocks You Should Consider Purchasing Today and 30 Top Stocks to Purchase Currently as Recommended by Millionaires .
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