Advanced Micro Devices (AMD) CEO Lisa Su has commented on the artificial intelligence (AI) sector after the company signed a massive agreement with ChatGPT maker OpenAI (PC:OPAIQ). Su told Yahoo Finance that this is “the beginning of a 10-year kind of supercycle” that will see AI transform businesses such as finance and healthcare. She claims the proper use of AI will solve diseases faster, allow faster drug discovery, and provide better diagnoses.
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The AMD CEO also defended the quick pace of AI adoption during her interview. She doesn’t believe the AI sector has grown too fast and said, “You have to really look at what the power of this technology can do for the world.” She said AMD has invested at the right pace and will be ready when “companies and partners make bold moves.”
Su isn’t the only one who’s confident about AMD’s AI future. Analysts have also come out to support the company with updated coverage. One example of this is Baird analyst Tristan Gerra, who increased their price target for AMD stock to $240 from $175 and reiterated a Buy rating due to the OpenAI deal.
AMD Stock Movement Today
AMD stock was up 3.96% in pre-market trading on Tuesday, following a 23.71% rally yesterday. The shares have climbed 68.65% year-to-date and 17.89% over the past 12 months. The AI boom is the main contributor to AMD’s stock growth in 2025.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 23 Buy and 12 Hold ratings over the past three months. With that comes an average AMD stock price target of $215.59, representing a potential 5.83% upside for the shares. More analyst updates are expected alongside the deal between AMD and OpenAI.
