AMD stock soars 25% as OpenAI unveils $100 billion GPU deal

Advanced Micro Devices (NASDAQ: AMD) shares erupted higher in pre-market on Monday after OpenAI confirmed a multi-gigawatt GPU supply deal that could generate over $100 billion in revenue for the chipmaker in just the next four years. At its peak, the stock spiked more than 26% intraday, one of the sharpest single-day moves in AMD’s modern history, before settling near$ 207.The agreement marks a transformative moment for Advanced Micro Devices. OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs, begi ...