AMD’s OpenAI Deal and 2nm MI455X Launch Signal $120B AI Growth Opportunity
AMD secured a multi-year OpenAI Instinct deal to supply 6 GW of AI accelerators, unlocking a $120 billion revenue opportunity over five years. CES 2026 introduced its MI455X chip with 432 GB HBM4 for improved inference efficiency, and KeyBanc lifted AMD’s price target to $270, citing sold-out 2026 server CPUs.
Related News
DE
Menon Bearings Posts 23% Revenue Gain, 51 New Parts for Deere Supply
DE•
RLAY
Relay Therapeutics Prices 22.9M Shares at $12 to Raise $275M
RLAY•
GS
Goldman Sachs Sees Record 8.7 m Bbls/Day May Drawdown, US SPR Falls 17.8 m
GS•
TSLA
SpaceX’s $1.45B Bitcoin Holdings Revealed, Could Boost Bitcoin and Tesla
TSLA•
NVDA
Nvidia posts $81.6bn Q1 revenue, raises dividend 25-fold and authorizes $80bn buyback
NVDA•
Sources
SFFBF
+7 more