Advanced Micro Devices, Inc. shares fall 2.76% after-hours as investors await Nvidia's earnings report.

Advanced Micro Devices, Inc. dropped 2.76% in after-hours trading. The decline comes as investors await Nvidia's earnings report, which is seen as a crucial test for the broader technology sector and the AI trade. The market has been volatile, with concerns about overvaluation in the tech sector and caution emerging in the AI industry. Nvidia's performance is expected to have significant implications for the market, given its role as a leader in AI infrastructure.