The new deal with OpenAI brings AMD a step closer to catching up with Nvidia in the data center business, but there's a catch.Advanced Micro Devices (AMD -7.78%) supplies chips for some of the world's most popular consumer electronics, from Sony's PlayStation 5 to Tesla's EV infotainment systems. But investors are currently focused on its data center business, where it sells a lineup of graphics processing units (GPUs) specifically designed to power artificial intelligence (AI) development.Nvidia has domina ...

As the AI arms race accelerates, Advanced Micro Devices NASDAQ: AMD is gaining ground in a market long dominated by NVIDIA. Its recent deal with OpenAI adds weight to the view that AMD stock could still double in value. But this isn’t about taking share from NVIDIA NASDAQ: NVDA—analysts at Wedbush estimate demand is outstripping supply by ten to one, creating room for both companies to thrive. AMD’s opportunity lies in meeting a massive unmet need in the AI GPU market. Advanced Micro Devices TodayAMDAdvance ...

Group 1 - Investor Brad Gerstner cautioned that OpenAI's recent partnerships with Nvidia and AMD are still announcements and not actual implementations, emphasizing that execution will determine success in the AI sector [1] - AMD has entered a deal with OpenAI to deploy up to 6 gigawatts of AMD Instinct GPU power for future infrastructure, with the rollout starting in late 2026 [2][3] - Under the agreement, AMD issued warrants for up to 160 million shares, which could generate "tens of billions in revenue" and be "highly accretive" to earnings [4] Group 2 - Nvidia announced a $100 billion partnership with OpenAI to deploy 10 gigawatts of Vera Rubin systems starting in the second half of 2026, with potential long-term revenue estimated between $300 billion to $500 billion [5] - The AI industry is facing a compute-constrained environment, highlighting the need for expanded chip partnerships to meet rising global demand for AI services [5][6] - AMD's stock has increased by 69% year-to-date, outperforming the Nasdaq 100 index, while Nvidia's stock has risen over 38% [7]

Hello and welcome to Market Domination. I'm Josh Lipton live from our NYC headquarters. Stocks mixed this Monday.NASDAQ getting a lift on news of AMD scoring one of the biggest AI wins yet. Going to be digging into that story and more. Right now, there is just an hour to go into the closing bells.Let's take a look at the major averages here. The Dow is down about 70 points. The S&P 500, your broad gauge is up about 4/10en of a percent. Tech Nasdaq is up nearly 9/10en of a percent.Let's welcome in here tech ...