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AMD Stock To $450?
Forbes· 2025-10-09 20:25
On Monday, AMD (NASDAQ:AMD) made headlines by landing a major deal with ChatGPT maker OpenAI, to supply tens of thousands of its GPU chips for 6 gigawatts of computing capacity over the next five years. The deal represents one of the largest chip orders ever placed in the AI sector and underscores how OpenAI is looking to diversify its hardware supply chain beyond industry standard Nvidia (NASDAQ:NVDA), which holds over 75% of the AI compute market. AMD stock has surged by close to 40% since the deal was an ...