{"id":483918,"date":"2025-10-08T21:14:13","date_gmt":"2025-10-08T21:14:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/483918\/"},"modified":"2025-10-08T21:14:13","modified_gmt":"2025-10-08T21:14:13","slug":"amd-stock-continues-rally-after-openai-deal-now-up-43-this-week","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/483918\/","title":{"rendered":"AMD stock continues rally after OpenAI deal, now up 43% this week"},"content":{"rendered":"

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. <\/p>\n

David Paul Morris | Bloomberg | Getty Images<\/p>\n

AMD<\/a> stock climbed 11% on Wednesday, continuing a massive run since OpenAI<\/a> announced plans to buy billions of dollars of AI equipment from the chipmaker earlier this week.<\/p>\n

On Monday, the ChatGPT maker entered into an agreement to potentially own 10% of AMD, based on its stock price and partnership milestones.<\/p>\n

AMD now has a market cap of $380 billion after climbing 4% on Tuesday and 24% on Monday. Shares are up 43% so far this week, on pace for the best weekly gain since April 2016.<\/p>\n

The partnership with OpenAI, which has historically been closely linked with Nvidia<\/a>, has bolstered investor confidence that AMD will be a viable competitor to Nvidia in AI chips<\/a>.<\/p>\n

AMD CEO Lisa Su<\/a> told reporters on Monday that the deal was a “win-win” and that its AI chips were good enough to be used in “at-scale deployments,” or very large data centers like the kind OpenAI and cloud providers build.<\/p>\n

Nvidia CEO Jensen Huang<\/a> on Wednesday reacted to the deal on CNBC’s Squawk Box, saying it was “surprising.”<\/p>\n

“It’s imaginative, it’s unique and surprising, considering they were so excited about their next-generation product,” Huang said. “I’m surprised that they would give away 10% of the company before they even built it. And so anyhow, it’s clever, I guess.”<\/p>\n

Stock Chart IconStock chart icon\"hide<\/p>\n

AMD 5-day stock chart.<\/p>\n","protected":false},"excerpt":{"rendered":"Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview…\n","protected":false},"author":2,"featured_media":483919,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3163],"tags":[15249,323,3084,1942,3083,51,3085,547,8572,53,16,15],"class_list":{"0":"post-483918","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-advanced-micro-devices-inc","9":"tag-ai","10":"tag-apple-inc","11":"tag-artificial-intelligence","12":"tag-breaking-news-technology","13":"tag-business","14":"tag-business-news","15":"tag-mobile","16":"tag-nvidia-corp","17":"tag-technology","18":"tag-uk","19":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115340618448414909","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/483918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=483918"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/483918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/483919"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=483918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=483918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=483918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}