Super Micro Stock Soars After AMD's Big AI Deal With OpenAI

Super Micro Computer (NASDAQ:SMCI) shares climbed Monday as investor enthusiasm for artificial intelligence continued to drive market momentum. The surge follows a landmark deal announced by Advanced Micro Devices (NASDAQ:AMD), which rose sharply in premarket trading, to supply OpenAI with up to 6 gigawatts of AMD Instinct graphics processing unit (GPU) power for the AI company's next-generation infrastructure. Super Micro, a key Original Equipment Manufacturer partner for AMD, integrates the chipmaker's ...