AMD Stock Rally Highlights Market Conviction in AI Infrastructure Strategy
Advanced Micro Devices (NASDAQ:) saw its stock surge in premarket trading on October 2, 2025, climbing 2.27% to $167.74 as of 6:11 AM EDT. The rally followed the company’s announcement of an expanded AI partnership with Cohere, a security-first enterprise AI firm. The collaboration will enable Cohere customers to deploy AI models on AMD’s Instinct GPU-powered infrastructure, marking a significant step in AMD’s ongoing effort to compete with Nvidia in the rapidly growing enterprise and sovereign AI markets.
AMD Strengthens Position in Enterprise and Sovereign AI
The expanded collaboration between AMD and Cohere will provide customers access to several of Cohere’s AI models, including Command A, Command A Vision, Command A…
