After the announcement of a strategic partnership with Openai, analysts reacted and the price target for the AMD share raised significantly.
• Jefferies raises AMD share to “buy” and price target to $ 300
• Openai participates strategically in AMD and becomes a large customer for AI chips
• Analysts see a possible gamuchanger in the AI chip market in the deal
After a course jump at the start of the week, AMD investors will continue to be in the cropping mood on the second trading day of the week. At times, the share increases a further $ 6.66 percent to $ 217.28 after the share certificate ended Nasdaq trading 23.71 percent higher the day before at $ 203.71.
Analyst states up AMD share
Jefferies’s team of analysts has upgraded the AMD share from “Holding” on “Buying” and also massively increased the price target from $ 170 to $ 300. The experts reacted to the partnership between the semiconductor group and the Chatgpt maker Openaai, which was announced the day before. The two companies had agreed that AMD will deliver AI high-performance processors to Openaai on a large scale from the second half of 2026.
Jefferies evaluates the cooperation positively, even if AMD still has to achieve certain milestones. Nevertheless, the deal represents a “strong confirmation of AMD’s Ki-Roadmap and the general AI demand” how investing cites the analysts.
Jefferies had already raised his estimates and the target last week due to positive server exams, but emphasized that the AI development could not have been able to triange at that time. The company described its quick change of position as unusual and explained: “We rarely do something like that, but we do it AMD after the announcement with Openaai […] high”.
Deal as a gamechanger
Other market observers have also rated the Openai deal positively. Experts refer to the cooperation as a “game-changer”, which could adjust the balance in the AI chip market, which is why the entire chip sector had shown price movements almost the day before. The reaction underlines how significant the entry of a second large supplier for the AI chip market is, because with this coup AMD clearly positions itself as a serious alternative to Nvidia in the area of AI accelerators. The partnership goes far beyond a pure delivery relationship and includes a joint development of future generations of AMD GPUs and large-scale AI solutions.
Editor finance.net
By the way: AMD (Advanced Micro Devices) and other US shares are even tradable at Finance.net Zero until 11 p.m. (without order fees, plus spreads). Open Depot now for free And secure new customer bonus!
Selected leverage products on AMD (Advanced Micro Devices)
With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the desired lever and we will show you suitable open-end products on AMD (Advanced Micro Devices)
The lever must be between 2 and 20
Advertising