Back to News
Dec 17, 2025 4:00 PM

AMD Stock Falls Amid China's AI Chip Push And Oracle Funding Concerns

Advanced Micro Devices Inc (NASDAQ:AMD) shares plunged on Wednesday as chip stocks felt pressure following reports of a huge breakthrough in China's semiconductor ambitions and uncertainty around Oracle's significant data center financing plans.

What Happened: Reuters reports that Chinese scientists have developed a prototype extreme ultraviolet lithography machine inside a secure lab in Shenzhen. Finished earlier this year and now undergoing tests, the effort was said to be led by former engineers from Dutch chip‑equipment maker ASML who reverse‑engineered its EUV technology.

Despite significant technical hurdles, particularly in replicating the precision optical systems supplied ...