AMD Stock Skyrockets to Record High on OpenAI AI Chip Deal – Could $300 Be Next?
Recent Stock Performance In the week leading to Oct 13, AMD’s stock was extremely volatile. It soared on Oct 6 after the OpenAI announcement: shares jumped over 30% intraday, their biggest one-day gain since 2016 ts2.tech reuters.com. By midweek, it hit a 52-week intraday high around $235–$240 ts2.tech investopedia.com. After peaking, the stock pulled back modestly. By Friday Oct 10 it closed at $214.90 investing.com, off about 8% from the midweek highs, as tech stocks broadly sold off on renewed trade-war fears reuters.com investing.com. For perspective, AMD is still up roughly 75–80% YTD investopedia.com (versus ~40% for Nvidia over the