Top Analysts Rush to Raise AMD Stock Price Targets after Landmark OpenAI Deal
Advanced Micro Devices (AMD) is witnessing a wave of bullish upgrades from Top Wall Street analysts following its blockbuster deal with OpenAI (PC:OPAIQ). This deal has the potential to reshape the AI hardware market and boost AMD’s earnings power over the next five years. On Monday, AMD stock surged more than 30%, marking its biggest single-day gain in nearly a decade.
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Under the agreement, AMD will supply 6 gigawatts of computing capacity to OpenAI over the next several years, starting with a 1-gigawatt rollout in 2026. The deal includes…
