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Nasdaq Jumps Over 150 Points; Skye Bioscience Shares Plunge
Benzinga· 2025-10-07 01:09
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 150 points on Monday.The Dow traded down 0.16% to 46,684.03 while the NASDAQ rose 0.71% to 22,941.69. The S&P 500 also rose, gaining, 0.40% to 6,742.80.Check This Out: How To Earn $500 A Month From McCormick Stock Ahead Of Q3 EarningsLeading and Lagging SectorsInformation technology shares jumped by 0.9% on Monday.In trading on Monday, real estate stocks fell by 0.8%.Top HeadlineAdvanced Micro Devices (NASDAQ:AMD) s ...
As OpenAI Diversifies Beyond Nvidia, AMD Stock May Have Just Gained a Massive Catalyst
Yahoo Finance· 2025-10-06 23:55
Key Points OpenAI agreed to purchase several generations' worth of GPUs from AMD. The deal includes warrants for OpenAI to acquire up to 160 million shares of AMD stock. 10 stocks we like better than Advanced Micro Devices › Advanced Micro Devices (NASDAQ: AMD) stock was up more than 25% in early trading on Monday after the semiconductor company announced a massive deal with ChatGPT owner OpenAI. The deal calls for OpenAI to take a 10% stake in AMD, worth up to 160 million shares, and will have AMD ...
US Stocks Mixed; Dow Falls 100 Points
Benzinga· 2025-10-06 23:05
U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 100 points on Monday.Following the market opening Monday, the Dow traded down 0.23% to 46,651.42 while the NASDAQ rose 0.37% to 22,865.21. The S&P 500 also rose, gaining, 0.20% to 6,729.08.Check This Out: How To Earn $500 A Month From McCormick Stock Ahead Of Q3 EarningsLeading and Lagging SectorsUtilities shares jumped by 0.7% on Monday.In trading on Monday, real estate stocks fell by 0.6%.Top HeadlineAdvanced Micro Devices ( ...
ChatGPT Parent OpenAI, AMD Partner In Landmark AI Deal
Yahoo Finance· 2025-10-06 20:20
Advanced Micro Devices (NASDAQ:AMD) shares surged premarket Monday following a landmark agreement with OpenAI to deploy up to 6 gigawatts of AMD Instinct GPU power for the tech giant's next-generation AI infrastructure. The initial phase will see a 1-gigawatt rollout of AMD Instinct MI450 GPUs in the second half of 2026, with plans for subsequent expansions across multiple generations of AMD's data center chips. Under the agreement, OpenAI will designate AMD as a core compute partner, leveraging the MI450 ...
AMD and OpenAI Announce Strategic Partnership to Deploy 6 Gigawatts of AMD GPUs
Globenewswire· 2025-10-06 19:00
News Highlights OpenAI to deploy 6 gigawatts of AMD GPUs based on a multi-year, multi-generation agreementInitial 1 gigawatt OpenAI deployment of AMD Instinct™ MI450 Series GPUs starting in 2H 2026 SANTA CLARA, Calif., Oct. 06, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) and OpenAI today announced a 6 gigawatt agreement to power OpenAI’s next-generation AI infrastructure across multiple generations of AMD Instinct GPUs. The first 1 gigawatt deployment of AMD Instinct MI450 GPUs is set to begin in the second ...