On October 14, 2025, AMD closed at $218.09, up 0.77%, continuing its rebound from last week's sharp drop and maintaining momentum after its record close on October 8. The primary drivers for Wall Street's optimism are the recent OpenAI partnership, which has positioned AMD as a key player in the AI hardware space, and ongoing strength in the broader AI sector, with peer companies like Nvidia and Broadcom also seeing gains. No new company-specific announcements were reported on October 14, but the positive sentiment from the OpenAI deal and AI market trends remain the main catalysts for AMD's recent performance. This view is supported by coverage from Morningstar/MarketWatch, which highlights these factors as the main reasons for AMD's rise.
AMD rises as optimism persists after OpenAI partnership and AI sector strength
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