AMD shares go from positive to their worst day in 7 months

Shares of Advanced Micro Devices were set to post their worst day on Wall Street in seven months Thursday afternoon.

The chipmaker's stock sank 6.6 percent by 3:30 p.m. ET, trading around $30.35, well below recent 12-year highs. The stock opened the day higher.

To be sure, AMD has been one of the hottest trades this year, up nearly 50 over the past month and 200 percent since January.

AMD shares were the most actively traded on the S&P 500 index Thursday, with a volume of more than 280 million shares. Rival Micron was the second-most traded stock, though its shares were up 4.6 percent.

There was no apparent headlines for the AMD turnaround.

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