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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With AMD Stock Wednesday?

AMD OpenAI Advanced Micro Devices Benzinga Edge
AMD

Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher Wednesday morning, maintaining momentum from a significant surge earlier in the week following the announcement of a multi-year partnership with OpenAI. Here’s what investors need to know.

What To Know: The deal, which could unlock over $100 billion in revenue for AMD, will see the chipmaker supply up to six gigawatts of its GPUs to power OpenAI’s expanding data center infrastructure.

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