Advanced Micro Devices, Inc. (AMD)
AMD Could Double From Here—Thanks to Its Blockbuster OpenAI Deal
As the AI arms race accelerates, Advanced Micro Devices NASDAQ: AMD is gaining ground in a market long dominated by NVIDIA. Its recent deal with OpenAI adds weight to the view that AMD stock could still double in value.
Wall Street analysts explain how AMD's own stock will pay for OpenAI's billions in chip purchases
After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD's own stock to do so.
Buy the Surge in AMD Stock After Striking Partnership with OpenAI?
Joining Broadcom and Nvidia, AMD is the latest major chip supplier to strike a multibillion-dollar deal with artificial intelligence pioneer OpenAI.
These Stocks Score From AMD's OpenAI Deal, Wall Street Analysts Say
Advanced Micro Devices (AMD) has a number of partners that could be set to benefit from its big deal with OpenAI, according to Wall Street analysts.
Is It Worth Investing in Advanced Micro (AMD) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
AMD-OpenAI Seal Deal: Your Signal to Ride the Wave With AMD-Heavy ETFs
AMD's multi-billion-dollar deal with OpenAI sparks a 24% stock surge and lifts ETFs heavily weighted in the chipmaker, such as SOXQ, SOXX, and IGPT.
AMD Hits Jackpot With OpenAI Deal
AMD secures a multi-year AI chip supply deal with OpenAI, signaling a major breakthrough for the company. The agreement could generate tens of billions in annual revenue for AMD and includes an option for OpenAI to acquire up to 10% of AMD shares. Despite Nvidia's dominance, AMD's potential in the AI chip market is now being recognized, validating my long-held bullish stance.
AMD gets upgrade after 24% surge. ‘We rarely do this,' says chagrinned analyst
It's likely the first of many — analysts at Jefferies upgraded Advanced Micro Devices to a buy, after the chipmaker's stock surged on a pact with ChatGPT maker OpenAI.
OpenAI strikes massive chip deal with AMD to power next-generation AI systems
OpenAI has signed a long-term partnership with US chipmaker AMD to deploy six gigawatts of computing power using AMD's latest Instinct graphics processors, one of the largest AI hardware deals to date. The agreement deepens the companies' collaboration as OpenAI looks to expand its infrastructure to meet soaring global demand for generative AI.
AMD-OpenAI Massive Artificial Intelligence (AI) Deal: What Investors Should Know
On Monday, chipmaker Advanced Micro Devices (AMD 23.61%) announced a huge artificial intelligence (AI) strategic partnership with OpenAI, the AI model developer best known for its ChatGPT chatbot. Not only did this news send shares of AMD up a whopping 23.7%, but it also gave a boost to many other AI stocks and the market in general.
How AMD Came From Behind to Mount a Challenge in the AI Chip Wars
A pivot from videogames to data centers—and a new deal with OpenAI—has the chip designer on the road to a $1 trillion valuation.
AMD Gets Its Oracle Moment; But We're Not Done Yet
Advanced Micro Devices surged 30% after OpenAI announces plans for a 1GW data center using AMD's MI45 chips starting in 2026. The OpenAI deal could be worth up to $300 billion and includes warrants for OpenAI to purchase 160 million AMD shares, potentially 10% of the company. I reiterate a Strong Buy on AMD, projecting accelerated growth to a $1 trillion valuation, with updated data center revenue targets and a 25% CAGR.
