Monday, October 13, 2025

AMD Stock Soars to All-Time High Following OpenAI AI Chip Partnership – Is $300 Within Reach?

AMD’s stock closed at $214.90 on October 10, 2025, trading around $224 pre-market on October 13, demonstrating a year-to-date increase of approximately 70-90%. This surge followed AMD’s groundbreaking multi-year AI chip deal with OpenAI, announced on October 6, projected to generate “tens of billions” in revenue. Analysts are bullish, with a majority rating AMD as a Buy, and price targets raised significantly, such as Jefferies’ $300 and UBS’s $210. Despite the optimistic outlook, concerns about AMD’s high valuation and recent geopolitical tensions, particularly U.S.-China trade frictions affecting revenue, remain. Technical indicators show a bullish trend, hinting at potential consolidation. AMD’s recent Q2 results showcased record revenues of $7.7 billion, highlighting strong growth in its data-center division, driven by its MI300X chips. The semiconductor industry is experiencing a significant AI-driven boom, with AMD positioned as a major player behind Nvidia and TSMC.

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