AMD shares are trading lower after the company's partner, TSM, reportedly told suppliers to postpone the delivery of high-end chipmaking equipment.
Portfolio Pulse from Bill Haddad
AMD's partner, TSM, has reportedly instructed suppliers to delay the delivery of high-end chipmaking equipment. This has led to a decrease in AMD's share price.

September 15, 2023 | 2:51 pm
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AMD's stock price is trading lower due to its partner TSM's decision to postpone the delivery of high-end chipmaking equipment.
AMD's stock price is likely to be negatively impacted in the short term due to the delay in the delivery of high-end chipmaking equipment. This is because the delay could potentially disrupt AMD's production schedule, leading to a decrease in its revenue and profitability.
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IMPORTANCE 80
RELEVANCE 100