Advanced Micro Devices surges after a landmark AI chip partnership with OpenAI, positioning AMD as a viable alternative to NVIDIA in the AI space. The OpenAI deal is expected to deliver tens of billions in revenue, with AMD projecting double-digit billions in annual data center AI revenue starting in 2027. Analysts have significantly raised 2026 and 2027 EPS and revenue estimates for AMD, supporting a continued buy rating.
Shares of Advanced Micro Devices (NASDAQ: AMD) have surged to an all-time high as the company continues to benefit from its role in the booming artificial intelligence (AI) sector.
AMD and IBM took quantum leaps on Friday.
The start to the third-quarter earnings season has been very positive, bolstering the case for a sustained rally in the final months of the year.
AMD shares have more than doubled this year, and the company is now on track to join the $400 billion market-cap club at Friday's close
Shares of Advanced Micro Devices jumped on a report that IBM can utilize the company's chips to run certain quantum computing algorithms. IBM plans to launch a quantum computer by 2029 and announced a partnership with AMD in August.
But if you have $1,000 to put into the market, there are several quality names that offer significant upside even though—in some cases—they've outperformed the market in 2025. In other words, if you're looking for long-term growth, there are opportunities available that will allow you to generate a solid return without the volatility that can come with low-priced stocks.
Names across the A.I. space rallied Monday on the back of Nvidia (NVDA) unveiling its first Blackwell wafer produced at TSMC's (TSM) Phoenix plant.
The short-term setup could be promising for AMD's stock, according to Bernstein. But delivering over a longer period gets more complicated.
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m.
Shares of Advanced Micro Devices ( NASDAQ:AMD ) soared 46.01% over the past month after posting a gain of 12.19% and 24.45% the two months prior.
AMD (Nasdaq: AMD) signed a massive deal with OpenAI that was announced before the market opened on October 6th.