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Barchart
Barchart
Amit Singh

Can AMD Stock Keep Flying After an 85% Takeoff?

AMD OpenAI Nvidia

Shares of Advanced Micro Devices (AMD) have rallied over 85% year-to-date. AMD stock got a significant boost from its recently announced strategic partnership with OpenAI. The deal, valued in the billions, is likely to reshape AMD’s technology roadmap, accelerate its revenue trajectory, and boost its earnings potential.

Under this agreement, AMD will supply OpenAI with up to six gigawatts of Instinct GPUs, starting in the second half of 2026. The deployment of these next-generation MI450 accelerators will make OpenAI one of AMD’s largest data center customers. It validates AMD’s competitiveness in the high-performance GPU market, positioning it alongside Nvidia (NVDA) in the global AI compute race.

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