GW chip pact sends AMD stock soaring, Nvidia has a rival for Altman biz love AMD and OpenAI have forged a 6 gigawatt agreement to power OpenAI’s AI infrastructure across multiple generations of AMD Instinct GPUs.

What Happened? Shares of computer processor maker AMD (NASDAQ:AMD) jumped 9.7% in the afternoon session after the stock maintained its strong momentum following the announcement of a significant, multi-year partnership with OpenAI.

AMD's unusual deal to finance OpenAI's chip purchases could grant the AI model maker up to $100 billion, analyst estimates.

Advanced Micro Devices is well-positioned for long-term growth, driven by its AI segment and recent OpenAI partnership. Learn more about AMD stock here.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading higher Tuesday amid a flurry of positive analyst coverage. Here's what you need to know.

Detailed price information for Adv Micro Devices (AMD-Q) from The Globe and Mail including charting and trades.