Advanced Micro propelled to a new all-time high on Monday, as investors cheered a chip supply deal with OpenAI, which could deliver the former billion-dollar revenues and lure a 10-percent investment

Advanced Micro Devices (AMD) stock hoped to continue its upbeat mood after closing 23.7% on Monday after it inked a partnership with OpenAI.

Fintel reports that on October 7, 2025, Wells Fargo maintained coverage of Advanced Micro Devices (NasdaqGS:AMD) with a Overweight recommendation. Analyst Price Forecast Suggests 7.58% Downside As of September 30,

Advanced Micro Devices (AMD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Amid a deal with OpenAI, shares of chipmaker Advanced Micro Devices are soaring today. Here are the details investors should know.

AMD stock jumps 35% following announcement of major deal to supply 6 gigawatts of computing power through graphics processing units for OpenAI.

Analyst Dan Ives of Wedbush Securities said that the deal, which involves ChatGPT parent OpenAI deploying up to 6 gigawatts of AMD Instinct GPU power, brings the chipmaker “right into the AI revolution,” and that “any lingering fears around AMD should now be thrown out the window,” while speaking on CNBC’s Closing Bell on Monday.

The partnership will see OpenAI deploy up to 6 gigawatts of AMD's Instinct GPUs over the next several years. The first phase a 1-gigawatt rollout begins in late 2026. AMD called it one of the largest GPU deployment agreements the industry has seen so far.