AMD's $100 Billion OpenAI Deal Could Supercharge AI Chip Growth, Analyst Says, Projecting Massive Earnings Boost By 2030
1. AMD partners with OpenAI for $100 billion revenue over four years. 2. AMD to supply 6 GW of computing capacity starting late 2026. 3. Bank of America increased AMD's price target from $200 to $250. 4. Projected EPS increase driven by each gigawatt of capacity. 5. AMD faces competition from Nvidia and Broadcom in AI infrastructure.