Advanced Micro Devices (AMD) News Today

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading lower today after last week’s mixed earnings report, but a wave of news on potential Intel foundry deals and AI partnerships has provided offsetting support. Key developments investors are watching include:

• Positive Sentiment: AMD stock rose on a report that Intel may build chips for a rival, fueling speculation of a new foundry partnership. AMD Stock Rises On Report Intel May Build Chips For Rival
• Positive Sentiment: Analysts take a fresh look at AMD’s valuation as talks with Intel on foundry capabilities and growing AI partnerships boost investor interest. A Fresh Look at AMD’s Valuation as Intel Foundry Talks and AI Partnerships Fuel Investor Interest
• Positive Sentiment: Premarket analysis suggests INTC, NVDA and AMD could rally, reflecting broader bullish momentum in chip stocks. INTC, NVDA and AMD Forecast – Chip Stocks Look to Rally on Friday
• Positive Sentiment: MarketBeat notes AMD shares are up 3.5%, with the question raised whether the rally still represents a buying opportunity. Advanced Micro Devices (NASDAQ:AMD) Shares Up 3.5% - Still a Buy?
• Positive Sentiment: Benzinga reports AMD’s late-Thursday surge was driven by multiple developments, extending gains from the prior session. AMD Stock Is Surging Thursday: What's Driving The Action?
• Positive Sentiment: Options traders are positioning for a rumored AMD-Intel deal, lifting bullish sentiment in AMD options activity. Options Traders Are Going to Like This AMD-Intel Rumor
• Neutral Sentiment: Investopedia includes AMD among top stock movers in a mixed market, noting that tech stands out amid a U.S. government shutdown. Top Stock Movers Now: Intel, AMD, Starbucks, Fair Isaac, and More
• Positive Sentiment: TipRanks highlights gains for both Nvidia and AMD as analysts anticipate Jensen Huang’s cash deployment to strengthen his AI ecosystem. Nvidia & AMD Stock Gain as Analyst Says “Jensen Is Going to Use Cash to Invest in His Ecosystem”
• Positive Sentiment: AMD expands its AI partnership with Cohere to power enterprise and sovereign AI applications. AMD Expands AI Partnership With Cohere to Power Enterprise and Sovereign AI
• Positive Sentiment: Barron’s notes that OpenAI’s ramp-up spending is driving a rally in AI chip stocks, including Nvidia and AMD. Nvidia, AMD Stocks Rise. How OpenAI is Driving the AI Chip Rally.
• Positive Sentiment: TalkMarkets reports AMD stock popped in premarket trading after expanding its AI deal with Cohere. Why Did AMD Stock Pop In Premarket Trading: AI Deal With Cohere
• Positive Sentiment: SiliconANGLE reports Intel is in talks with AMD to manufacture its chips, signaling potential capacity relief. Report: Intel holds talks with AMD about manufacturing its chips
• Negative Sentiment: A Seeking Alpha article warns that investors chasing AMD’s recent rally could face losses if momentum stalls. Why AMD Could Burn Investors Chasing The Rally

Overall, despite the broader pullback today, these positive developments around AI partnerships and potential foundry support may help stabilize AMD shares and set the stage for the next directional move.