Nvidia stock down almost 5% from 1/28 as of 1:30 PM EST.
AMD stock down 4% from 1/28 as of 1:30 PM EST.
I expect both stock to drop a bit more when AMD reveals their quarterly results today. Mainly AMD. They were directly impacted from Intel's results, yesterday it was from Nvidia. Today it'll be from their own quarterly results. No one from a market perspective seems to have hope that AMD will pull an upset. AMD not releasing their quarterly results ASAP to stop the hemorrhaging likely means Wall Street's prediction might be right. AMD waiting to until closing is never a good sign and a lack of faith.
Personally I hope AMD stock drops to around 10$ or lower. At this price point I'll definitely buy shares and keep it long term.