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AMD Rallies Support from Reddit Traders


Once again the battle lines are being drawn.

On one side, we have the traditional Wall Street investment community. 

On the other, we have the social media crowd who rally around a stock they think is being treated unfairly by old school types.

Market Under Pressure

The semiconductor sector has been under pressure as the economy slows down and consumers’ buying power shrinks, pushing them to postpone buying non-priority items like electronic gadgets.

Semiconductor manufacturers, like tech companies, are also suffering from the tightening of monetary policy by the Federal Reserve.

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