AMD’s AI-Fueled Stock Surge: Record Highs, $300 Targets & What’s Next
AMD stock surged to a record $264 on Oct. 29, up about 80% in 2025, after major AI chip deals with OpenAI and Oracle. The OpenAI agreement included warrants for roughly 10% of AMD shares. Analysts raised price targets, with 60–65% now rating AMD a “Buy.” AMD reports Q3 earnings Nov. 4, with Wall Street expecting $8.75 billion in revenue and $1.17 EPS.