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

We recently published Top 10 Trending Stocks Everyone’s Watching in Q4. Advanced Micro Devices, Inc. (NASDAQ:AMD)is one of the trending stocks everyone's watching. Stacy Rasgon, Bernstein U.S. semiconductor managing director and senior analyst, said in a recent program on CNBC that AMD CEO Lisa Su signed a deal with OpenAI to “be on the rocket ship” of the Sam Altman-led company. “The Advanced Micro Devices Inc (NASDAQ:AMD) one raises a little more eyebrows. AMD actually gave OpenAI they gave them equity ...