Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) extended their momentum in after-hours trading on Monday, rising 1.53% following a nearly 24% surge during the regular session. AMD CEO Lisa Su Dismisses AI Hype Concerns On Monday, AMD CEO Lisa Su said the AI boom is just beginning, dismissing concerns that the current investment surge is overblown. "I would say that's probably thinking too small. You h ...

Advanced Micro Devices’ (NASDAQ:AMD) multi-year partnership with OpenAI could generate over $100 billion in revenue over the next four to six years, as the chipmaker prepares to supply up to six gigawatts of computing capacity using its next-generation Instinct MI450X GPUs starting in late 2026.The deal strengthens AMD’s position in the AI hardware race against Nvidia (NASDAQ:NVDA) and Broadcom (NASDAQ:AVGO), with OpenAI’s massive infrastructure buildout expected to drive demand across the broader semicondu ...

Investor Brad Gerstner warned on Monday that OpenAI’s recent deals with Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) remain announcements rather than actual deployments. Therefore, he urged caution.Speaking to CNBC, the Altimeter Capital founder said, “Now we will see what gets delivered. Ultimately, the best chips will win,” emphasizing that execution, not hype, will determine which companies dominate the next phase of the artificial intelligence race.For context, AMD surged in premarket tr ...

Key Points Nvidia’s annual product cadence is proving to be a major competitive edge. AMD is seeing significant wins for its EPYC CPUs and Instinct accelerators in the enterprise market. Both companies trade at premium valuations, which are justified by their fundamentals and future growth prospects. 10 stocks we like better than Nvidia › Artificial intelligence (AI) is fast becoming the backbone of global business. According to PwC, AI is expected to contribute nearly $15.7 trillion to global GDP ...

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 ...

16 July 2025, China, Peking: Jensen Huang, CEO of Nvidia, speaks to journalists. During a trip to China, Huang gave a speech at the opening of the supply chain trade fair and met Chinese politicians. Photo: Johannes Neudecker/dpa (Photo by Johannes Neudecker/picture alliance via Getty Images)Nvidia will invest $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers based around Nvidia's AI chips, the companies said on Monday.OpenAI plans to ...