Carbon offsets, a much-criticized climate tool, now have federal guidelines in place to ensure their effectiveness. These guidelines aim to standardize the process and increase transparency in the offset market. Critics argue that offsets can be unreliable and may not actually reduce emissions as intended.
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Why AMD Stock Plummeted Today
Advanced Micro Devices (AMD -7.42%) experienced a significant stock price decline of 7.4% amid broader market downturns, hitting a low of 10.5% during the session. The drop was influenced by AMD's announcement of an effective ban on sales of its MI308X processor to China, leading to an anticipated $800 million write-down, alongside rising costs due to TSMC's planned 30% price increase on 4nm chips. Additionally, escalating U.S.-China trade tensions and cautious remarks from Federal Reserve...
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