Stocks Are Loving AI Deals, Government Stakes. Why Markets Need a New Catalyst.
1. AMD secured a multibillion-dollar deal with OpenAI for a potential 10% stake. 2. AMD's stock surged 24%, contributing to a positive S&P 500 performance. 3. OpenAI's agreement strengthens AMD's position in the AI chip market. 4. Analysts suggest AMD could challenge Nvidia's dominance in AI. 5. Government actions also influence overall market sentiments, impacting tech stocks.