We recently published 10 Stocks Investors Are Gobbling Up. Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the top performers on Monday. Advanced Micro propelled to a new all-time high on Monday, as investors cheered a chip supply deal with OpenAI,

Analyst Dan Ives of Wedbush Securities said that the deal, which involves ChatGPT parent OpenAI deploying up to 6 gigawatts of AMD Instinct GPU power, brings the chipmaker “right into the AI revolution,” and that “any lingering fears around AMD should now be thrown out the window,” while speaking on CNBC’s Closing Bell on Monday.

AMD stock jumps 35% following announcement of major deal to supply 6 gigawatts of computing power through graphics processing units for OpenAI.

OpenAI plans to deploy 6 gigawatts worth of AMD Instinct graphics processing units, or GPUs, over the course of the partnership. The first 1 gigawatt deployment will begin in the second half of 2026, the companies said.

A pivot from videogames to data centers—and a new deal with OpenAI—has the chip designer on the road to a $1 trillion valuation.

Advanced Micro Devices (AMD) deal with OpenAI (OPENAI) to provide up to 6GW of artificial intelligence infrastructure has the potential to provide extended benefits to AMD and several other companies as well,

The standing of Advanced Micro Devices among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Stock indexes mostly gained Monday, with the Nasdaq and S&P 500 registering fresh closing highs, as investors continued to downplay the U.S. government shutdown and AMD shares soared on news that OpenAI plans to deploy 6 gigawatts of its newest chips.

Advanced Micro Devices surges 30% on OpenAI news, but weak margins and tough competition signal overvaluation. Learn more about AMD stock here.

It’s likely the first of many — analysts at Jefferies upgraded Advanced Micro Devices to a buy, after the chipmaker’s stock surged on a pact with ChatGPT maker OpenAI.