Advanced Micro Devices, Inc. surged over 35% after securing a major multi-year GPU partnership with OpenAI, granting OpenAI a 10% stake. The OpenAI deal positions AMD as a formidable AI infrastructure ...
AMD told analysts on Tuesday that it expects revenue to grow more than 35% each year over the next three to five years, driven by what CEO Lisa Su described as “insatiable” demand for AI chips.