Chip Stocks Sold Off, But AMD Says Demand Still Outstrips Supply?
Chips retreated with the AI complex Thursday: Intel -5.34% to $107.08, Broadcom -4.35% to $360.14, AMD -3.90% to $620.68, Nvidia -2.94% to $230.48. AMD CEO Lisa Su said in Taipei this week that AI chip demand still exceeds supply even as output scales into 2026, with HBM, packaging and wafers all constrained; Intel CEO Lip-Bu Tan reaffirmed Terafab. Bulls say a read from those with real order books beats an accounting revision; bears say capacity is a 2026 story and downstream budgets validate demand, not supplier talk. Executives call demand insatiable while stocks fall — add here?
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