AMD Stock Price Set to Test Highs on AI Partnership Momentum
Advanced Micro Devices stock (AMD) is poised to test its previous high today, driven by bullish sentiment surrounding strategic partnerships and advancements in the artificial intelligence (AI) sector. This morning’s pre-market activity saw a gain of 0.63%, pushing the price to $240.10, matching the stock’s peak.
The markets have reacted positively to AMD’s recent AI initiatives, contributing to a significant upswing in its stock price. The stock experienced a 9.40% surge on Wednesday, contributing to a remarkable 48.70% increase over the past month.
A key catalyst for this surge is AMD’s strategic alliance with OpenAI, announced on October 6, 2025. The multi-year agreement involves AMD supplying OpenAI with its Instinct MI450 GPUs,…
