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Why AMD Shares Are Trading Higher By Over 34%; Here Are 20 Stocks Moving Premarket - Arteris (NASDAQ:AIP), Advanced Micro Devices (NASDAQ:AMD)
Benzinga·2025-10-06 13:01

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) rose sharply in pre-market trading following a landmark agreement with OpenAI to deploy up to 6 gigawatts of AMD Instinct GPU power for the tech giant’s next-generation AI infrastructure.The initial phase will see a 1-gigawatt rollout of AMD Instinct MI450 GPUs in the second half of 2026, with plans for subsequent expansions across multiple generations of AMD’s data center chips.Advanced Micro Devices shares jumped 34.2% to $221.10 in the pre-market tradin ...