QUICK SPARK: AMD Stock Hits Fresh Record High, Up 183% This Year

Advanced Micro Devices Inc. (NASDAQ: AMD) reached a new all-time high of $606.98, rising 8.4% and marking a 183% increase for the year. The company's growth is supported by significant partnerships, including a deal with OpenAI for 6 gigawatts of AMD Instinct GPUs and a commitment from Oracle Corp. for 50,000 MI450 accelerators. Management anticipates that the OpenAI agreement will lead to tens of billions in annual AI data center revenue starting in 2027.