Advanced Micro Devices (AMD) has recently gained significant attention due to a host of positive developer and financial news. AMD stock witnessed a 9.4% soar and an overall increase of 46%, with prospects for further rise as per many Wall-Street analysts. A significant development was AMD's deal with
OpenAI, set to deploy 6 Gigawatts of AMD GPUs. The AI demand surge is expected to push AMD's value to $300. Triggering enthusiasm is AMD's significant partnerships with
Oracle as well as a potential consideration of
Intel for its Foundry business. Oracle's is slated to deploy 50,000 AMD AI chips - marking a new competition phase with Nvidia. Investors are keenly observing the development of AMD's AI chip. Despite some market drops, the company's AI Chip breakthroughs and performance have kept momentum high. Interestingly, AMD's unexpected surge and valuation following major AI partnerships have resulted in a positive sentiment amongst investors, with predicted path leading towards $600. With the recent flurry of AI updates and consistent positive announcements, analysts are undoubtedly eyeing AMD's growth-hypergrowth potential, resulting in increased buy recommendations. However, there are voices of caution, highlighting potential AI market struggles and querying about the sourcing of capital for AMD-OpenAI deal.
Advanced Micro Devices AMD News Analytics from Fri, 13 Jun 2025 07:00:00 GMT to Sat, 18 Oct 2025 22:05:39 GMT -
Rating +10
- Innovation +7
- Information +9
- Rumor -2
