AMD’s Stock Skyrockets After Blockbuster OpenAI Deal – What It Means for Investors in 2025
AMD shares jumped about 30% in early October 2025 after announcing a multi-year deal to supply AI chips to OpenAI, sending the stock near $200 and market value above $300 billion. OpenAI received warrants to buy up to 10% of AMD’s stock at $0.01 per share. Major tech firms are already testing AMD’s new AI chips. Analysts raised price targets, with Jefferies setting a Street-high $300 after the deal.