Veteran analyst turns heads with new AMD stock target
Standing in the shadow of a giant, even the tall are often overlooked. That’s been AMD’s (AMD) story as Nvidia’s (NVDA) dominance keeps the spotlight, even as AMD pushes deeper into AI chips and data centers. On Oct. 6, The Wall Street Journal reported that AMD and OpenAI had entered into a multibillion-dollar partnership under which AMD’s chips will power OpenAI’s AI infrastructure and data centers. AMD has issued warrants for up to 160 million shares as part of the agreement, with vesting milestone ...