AMD: Why I'm Still Buying After Massive Rally (NASDAQ:AMD)

Core Viewpoint - Advanced Micro Devices (AMD) stock surged over 20% due to the announcement that the company will assist OpenAI in deploying 6 GW of GPUs [1] Company Summary - AMD's stock performance reflects a significant market reaction to its partnership with OpenAI, indicating strong investor confidence in the company's growth potential in the AI sector [1] Industry Summary - The collaboration between AMD and OpenAI highlights the increasing demand for GPU resources in artificial intelligence applications, positioning AMD favorably within the competitive landscape against other players like NVIDIA [1]