US firm's shares gain 1/3rd value in 1 minute as their valuation hits $339 billion
Ashley Paul, Published on Oct 6th, 2025
Advanced Micro Devices (AMD) shares rose nearly 38% on Monday after OpenAI announced plans to buy a 10% stake in the chipmaker as part of a multibillion-dollar AI hardware partnership. The shares hit a high of $226.709, up from Friday's close of $164.67, as they gained 1/3rd of their value in one minute. AMD's valuation also rose to $339 billion.
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