Advanced Micro Devices, Inc. (AMD)
AMD Shares Surge 30% After Multibillion-Dollar Deal With OpenAI
Shares of AMD increased by more than 30% to around $215 after trading opened Monday, pacing what would be the stock's largest single-day gain since April 2016. AMD headlined a broader rally by the tech-heavy Nasdaq, which ticked up by 0.3%, with rises among Micron (6%), Palantir (4.9%), Intel (4%) and Tesla, whose shares rose 3% after the automaker released teaser footage of what appeared to be a new model.
AMD to supply 6GW of compute capacity to OpenAI in chip deal worth tens of billions
AMD has signed a multi-year chip supply deal with OpenAI that could generate tens of billions in revenue for the chipmaker, helping accelerate its momentum in the AI industry.
AMD announces major partnership with OpenAI for AI computing infrastructure
AMD stock jumps 35% following announcement of major deal to supply 6 gigawatts of computing power through graphics processing units for OpenAI.
AMD surges as OpenAI takes stake as part of AI chip supply deal
Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) shares surged 24% in premarket trading after the chipmaker agreed a deal with OpenAI, where the company behind ChatGPT will buy 160 million of its shares. OpenAI has agreed to deploy up to 6 gigawatts of AMD's AI chips as part of a multi-year partnership aimed at powering its next-generation of infrastructure, the companies said on Monday.
AMD Shares Surge 24% After Announcing Multibillion-Dollar Deal OpenAI
This is a developing story.
AMD stock soars 25% as OpenAI unveils $100 billion GPU deal
Advanced Micro Devices (NASDAQ: AMD) shares erupted higher in pre-market on Monday after OpenAI confirmed a multi-gigawatt GPU supply deal that could generate over $100 billion in revenue for the chipmaker in just the next four years.
OpenAI just gave AMD a big boost in the AI chip wars
AMD has agreed to a multi-billion-dollar partnership to supply its artificial intelligence chips to OpenAI. The multi-year deal, announced Monday, will see OpenAI deploy 6 gigawatts of AMD GPUs, with the first 1 gigawatt deployment set to begin in the second half of 2026.
OpenAI, AMD Announce Massive Computing Deal, Marking New Phase of AI Boom
Five-year agreement will challenge Nvidia's market dominance, as OpenAI plans deployment of AMD's new MI450 chips.
Nvidia, AMD Stocks Rise. How OpenAI is Driving the AI Chip Rally.
Nvidia, AMD and other AI chip stocks were gaining as OpenAI pushes ahead with heavy spending.
AMD's Quiet Edge In AI Inference
AMD's Q2 2025 data center revenue reached $3.24 billion, up 14% year-over-year, with EPYC CPUs powering 1,200+ cloud instances. The $800 million MI308 impairment weighed on results, but MI355 promises 40% more tokens per dollar versus Nvidia's B200. AMD's MI400 “Helios” platform launches in 2026 with 40 PF FP4 performance and 50% more memory bandwidth, designed at rack scale.
AMD's AI Ascent: Why Market Share Gains And A Strategic AI Focus Point To Long-Term Growth
AMD is well-positioned for growth, driven by AI, data centers, and increasing market share in desktop CPUs. AMD's open-source AI strategy, expanding product portfolio, and competitive pricing differentiate it from rivals like NVDA and INTC. Strong revenue and EPS growth projections, a robust balance sheet, and relatively attractive valuation multiples support a bullish outlook for AMD.
AMD Stock: Why I'm Buying Before Earnings
Advanced Micro Devices stock has risen significantly in the last two months. The data center and desktop CPU markets are in focus as the company makes inroads. With the launch of the MI355X and MI400 series around the corner, AMD looks attractive.
