Stacy Rasgon Explains Why Advanced Micro Devices (AMD) Deal With OpenAI ‘Raises Eyebrows’

Group 1 - Advanced Micro Devices, Inc. (NASDAQ:AMD) is gaining attention as a trending stock, particularly due to its recent partnership with OpenAI [1][2] - AMD's CEO, Lisa Su, has secured a deal with OpenAI that involves equity exchange, allowing AMD to sell products to the AI company [2] - The partnership is seen as crucial for AMD to remain competitive in the semiconductor market, especially as OpenAI is perceived as a driving force in the industry [2][3] Group 2 - AMD designs and manufactures semiconductors, including CPUs and GPUs, and is currently working to increase its market share in AI applications [3] - Projections indicate that by 2027, AMD's products may rival those of market leader NVIDIA, particularly as hyperscale customers may opt for dual-sourcing high-end chips [3] - The potential for revenue and profit growth for AMD is expected to be larger than current investor expectations [3]