AMD Rides OpenAI Partnership Momentum

20 days ago

Multiple Speakers

"Okay, let's get into the big story of today, which is AMD. Um so AMD went up 27% on the morning fueled by news that Open AI partnership 25% and that it shot up with a 10% stake arrangement for Open AI, leading to a frenzy in the stock market. Anybody that had AMD options obviously saw their portfolios react. I texted Dave Shans today and he said, "Damn, that's crazy." This development reinforces AMD as a long-time pick with strong positioning in the circular AI hardware economy, especially with its warrant structure hedging both sides of the deal."

The speakers highlight AMD's impressive surge, attributing the 27% jump to its partnership with Open AI, including a 10% stake mechanism. They praise AMD's longstanding status as a favored pick and note the strategic merit of its warrant issuance, which bolsters its position in the evolving AI hardware and semiconductor space.

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