AMD Stock Surges After AI Mega-Deals With OpenAI and Oracle – Could $300 Be Next?
Stock Hits Highs on AI Hype Advanced Micro Devices’ stock has been on fire in October 2025, reaching its highest levels in over a year. On Wednesday, Oct. 15, AMD surged over 8% and touched an intraday peak around $240.48, a new 52-week hights2.tech. It closed that day near $238.7, capping roughly an 80% year-to-date gain for the chipmaker’s sharests2.tech. By comparison, chief rival Nvidia’s stock is up about 40% in 2025, and Intel’s is flat-to-moderately higher after a rough 2024ts2.tech. AMD’s market capitalization now sits around $350 billion, putting it in the upper echelon of chipmakers by valuets2.tech. This short-term