Advanced Micro Devices (NASDAQ: AMD) has been a significant player in the semiconductor space for years, designing chips for everything from PCs to data centers. While many other semiconductor stocks have received a nice bump in their share price thanks to artificial intelligence (AI),

Advanced Micro Devices (NASDAQ:AMD) has a history of eating away at rivals’ dominance by delivering superior products, as evidenced by its

News sent the VanEck Vectors Semiconductor ETF 0.71% lower, but AMD stock was one of the worst performers in the group. AMD’s poor performance is rooted in its decidedly bearish technical trend. Shares of AMD shifted into a bearish trend in November as the stock’s 50-day moving average rolled over into a declining pattern.