Advanced Micro Devices Stock (AMD): What to Know Before Markets Open on October 20, 2025
AMD stock surged nearly 80% in 2025, hitting a record $238.60 on Oct. 15 after announcing major AI chip deals with OpenAI and Oracle. The OpenAI agreement included a multi-year GPU supply and warrants for up to 10% of AMD shares. Analysts raised price targets to $300 or higher, citing strong AI momentum. AMD’s market cap stands near $350 billion as it challenges NVIDIA’s dominance.