AMD Stock Soars on OpenAI & Oracle AI Deals — Could $300 Be Next?
Key Facts: As of Oct. 15, 2025, AMD stock is trading near $237 Stockanalysis, continuing a blistering rally this year. The chipmaker’s shares have climbed roughly 80% year-to-date ts2.tech, far outpacing peers. The surge follows two blockbuster AI deals: on Oct. 6 AMD announced a 6-gigawatt GPU partnership with OpenAI Reuters, and on Oct. 14 it unveiled a deal with Oracle to deploy 50,000 next-gen AMD GPUs in Oracle’s cloud superclusters Reuters. Analysts have responded by lifting price targets: for example, Jefferies now targets $300 ts2.tech and HSBC boosted its target to $310 Gurufocus. About 60–65% of analysts rate AMD a Buy ts2.tech. By contrast, NVIDIA still dominates AI GPUs ts2.tech, and Intel is restarting its AI chip push Reuters. Broad tech indexes are near record highs on AI enthusiasm Financialcontent, but rich valuations mean any slip-up could halt AMD’s ascent.