AMD Stock Skyrockets on AI Mega-Deals – Is $300 Next?
AMD shares jumped 34% on Oct. 6 after announcing major AI GPU deals with OpenAI and Oracle, adding $80 billion in market value. The stock is up about 80–95% year-to-date, reaching all-time highs near $238 before settling at $235 by Oct. 23. Analysts raised price targets to as high as $310. Q2 2025 revenue rose 32% to $7.69 billion, with full-year sales guidance near $33 billion.