AMD's stock falls 4.6% amid trade restrictions, market pressures, and increased competition.

AMD's stock dropped 4.6% to $109.51, influenced by market weaknesses and new US trade restrictions on Chinese entities, affecting AMD's access to key markets. China is also tightening chip standards, potentially limiting AMD's sales. Additionally, AMD faces pressure from Nvidia's advancements, and an analysis suggests AMD may be overvalued by about 44%.