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.
先進微設備公司(納斯達克：AMD)和英偉達公司納斯達克(Sequoia Capital：NVDA)股價下跌，此前美國銀行證券維持看漲該股評級，但下調了目標價。
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.
美國銀行證券分析師Vivek Arya維持AMD的買入，但將目標價從160美元下調至110美元。Arya還維持了NVIDIA的Buy，但將目標價從270美元下調至220美元。
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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月份出現波動，部分原因是美國5月份通脹數據遜於預期，引發了整體市場拋售。在截至5月的12個月中，所有項目指數CPI數據點增長了8.6%，這是自1981年12月結束的12個月以來的最大增幅。
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.
通脹擔憂令經濟前景承壓，也提高了對美聯儲進一步加息的預期。美國國債收益率的上升也拖累了科技股和成長股的估值。
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.
根據Benzinga Pro的數據，AMD的股價下跌了3.96%，至77.58美元。英偉達股價下跌3.44%，至154.30美元。
