In other words, it is possible to be more confident about the company's continued operational momentum for the rest of the year, as Dr. Lisa Su (AMD's CEO) mentioned in the earnings release: "Our record third quarter performance and strong fourth quarter guidance marks a clear step up in our growth trajectory as our expanding compute franchise and rapidly scaling data center AI business drive significant revenue and earnings growth.

Chipmaker Advanced Micro Devices ($AMD) is scheduled to announce its third-quarter earnings on November 4. Ahead of the results,

Advanced Micro Devices (AMD) stock has risen by 62.8% over the course of 21 trading days. The gains are driven in part by the company’s major deal with ChatGPT maker OpenAI, to supply tens of thousands of its GPU chips for 6 gigawatts of computing capacity over the next five years.

Additionally, Nvidia stock is actually more inexpensive than AMD at the moment. AMD's 152 P/E ratio is well above Nvidia's earnings multiple of 58. While the forward P/E picture is more favorable, AMD's forward multiple of 67 is above Nvidia's at 45, a factor that could deter more conservative investors from buying AMD.

While semiconductor giant Advanced Micro Devices has been a powerful performer this year, a true test for AMD stock awaits ahead of Q3 earnings.

AMD surges over 20% after announcing a 6 GW GPU deployment partnership with OpenAI, including a warrant for a potential 10% equity stake. The OpenAI deal is a long-term catalyst, expected to contribute meaningful Data Center revenue growth starting in late ...

View post: Walmart’s award-winning $168 Viktor & Rolf perfume with 4,300+ perfect ratings is on sale for only $78 On Oct. 6, The Wall Street Journal reported that AMD and OpenAI had entered into a multibillion-dollar partnership under which AMD’s chips ...

Arya said AMD’s new multi-year deal with OpenAI could generate over $100 billion in revenue across the next four to six years, marking one of the most transformative opportunities in the AI hardware landscape. Earlier this week, AMD announced an ...

OpenAI agreed to deploy 6 gigawatts of AMD GPUs over the next several years. The deal is expected to generate tens of billions of revenue for AMD. OpenAI's interest here also validates the caliber of AMD's Instinct GPUs As of 9:59 a.m. ET, AMD stock was up ...

After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so. To recap: OpenAI has agreed to help AMD refine its line of ...

Shares of Advanced Micro Devices ( AMD 3.53%) rose 58.3% in October 2025, according to data from S&P Global Market Intelligence. The semiconductor designer had a lot going on last month, divesting a hardware manufacturing operation and winning a big supercomputing contract at Oak Ridge National Laboratory.