Advanced Micro Devices (AMD) shares soared after a landmark multi-year supply deal with OpenAI, potentially netting $100 billion in revenue. The stock's technical analysis suggests bullish momentum ahead.
Advanced Micro Devices (AMD) jumped over 4% after HSBC upgraded its rating to 'buy,' citing strong performance of its new AI chips, which rival Nvidia's offerings. Analysts see further upside potential with future product launches.