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Why AMD Stock Was Skyrocketing Today


Shares of Advanced Micro Devices (NASDAQ: AMD) catapulted higher today after the chipmaker signed a blockbuster deal with OpenAI, coming on the heels of a similar partnership between OpenAI and AMD rival Nvidia.

As of 9:59 a.m. ET, AMD stock was up 26.6% on the news after opening up 35%.

Image source: Getty Images.

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Source Fool.com

Advanced Micro Devices Inc. Stock

€440.70
-0.790%
Advanced Micro Devices Inc. shows a slight decrease today, losing -€3.500 (-0.790%) compared to yesterday.
The stock is one of the favorites of our community with 105 Buy predictions and 4 Sell predictions.
With a target price of 527 € there is a slightly positive potential of 19.58% for Advanced Micro Devices Inc. compared to the current price of 440.7 €.
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