AMD stock price prediction: AMD stock today: Up 43% so far this month — Could shares hit $450 soon? Should investors rush in now or is this AI-driven surge just a mirage?
AMD stock is on fire. Its price jumped 40% recently. The catalyst? A huge deal with OpenAI. AMD will supply GPUs for AI computing. This deal is worth billions and spans five years. AMD is challenging Nvidia’s dominance in AI chips.
The market loves this news. AMD stock now trades around $235 per share. Analysts say it could hit $450 soon. Why? AMD’s revenue growth is forecasted to keep soaring. From $26 billion in 2024, it could reach $96 billion by 2028.
Profit margins are rising, too. They doubled in recent years and should hit 25%. This means AMD’s net income will surge.
The excitement centers on AMD’s collaboration with OpenAI. This multibillion-dollar partnership has sent the stock soaring, positioning the company as a key…
