Why AMD And Nvidia Shares Are Dipping Today
Why AMD And Nvidia Shares Are Dipping Today
Shares of tech stocks have been volatile in the month of June amid an overall market selloff partially generated by worse-than-expected U.S. May inflation data. The all items index CPI datapoint increased 8.6 percent for the 12 months ending May, the largest 12-month increase since the period ending December 1981.Advanced Micro Devices, Inc. (NASDAQ:AMD) and NVIDIA Corporation (NASDAQ:NVDA) shares are trading lower after B of A Securities maintained bullish ratings on the stock but lowered its price targets.
先进微设备公司(纳斯达克：AMD)和英伟达公司纳斯达克(Sequoia Capital：NVDA)股价下跌，此前美国银行证券维持看涨该股评级，但下调了目标价。
B of A Securities analyst Vivek Arya maintained AMD with a Buy but lowered the price target from $160 to $110. Arya also maintained Nvidia with a Buy but lowered the price target from $270 to $220.
美国银行证券分析师Vivek Arya维持AMD的买入，但将目标价从160美元下调至110美元。Arya还维持了NVIDIA的Buy，但将目标价从270美元下调至220美元。
See Also: This Clean Energy Company Has A Better 5-Year Return Than Starbucks, Ford, Microsoft, Apple, Disney, Netflix And Amazon
另见：这家清洁能源公司的5年回报率高于星巴克、福特、微软、苹果、迪士尼、Netflix和亚马逊
Shares of tech stocks have been volatile in the month of June amid an overall market selloff partially generated by worse-than-expected U.S. May inflation data. The all items index CPI datapoint increased 8.6 percent for the 12 months ending May, the largest 12-month increase since the period ending December 1981.
科技股在6月份出现波动，部分原因是美国5月份通胀数据逊于预期，引发了整体市场抛售。在截至5月的12个月中，所有项目指数CPI数据点增长了8.6%，这是自1981年12月结束的12个月以来的最大增幅。
Inflation concerns have weighed on the economic outlook and have also raised expectations for further Fed rate hikes. A rise in treasury yields has also weighed on tech and growth stock valuations.
通胀担忧令经济前景承压，也提高了对美联储进一步加息的预期。美国国债收益率的上升也拖累了科技股和成长股的估值。
According to data from Benzinga Pro, AMD is trading lower by 3.96% to $77.58. Nvidia is trading lower by 3.44% to $154.30.
根据Benzinga Pro的数据，AMD的股价下跌了3.96%，至77.58美元。英伟达股价下跌3.44%，至154.30美元。
