Shares of Advanced Micro Devices ( AMD 3.53%) rose 58.3% in October 2025, according to data from S&P Global Market Intelligence. The semiconductor designer had a lot going on last month, divesting a hardware manufacturing operation and winning a big supercomputing contract at Oak Ridge National Laboratory.

Jefferies named Broadcom its Top Pick with a $480 price target as custom AI chip demand surges from OpenAI, Google, and Meta.

An AI collaboration boosted the company behind the largest U.S. cloud service on Monday, Nov. 3, 2025, while shares of the two companies involved in a consumer goods deal saw major moves.

Now, that all seems to have resolved itself in Microsoft's favor. On Tuesday, OpenAI said it completed its recapitalization and simplified its corporate structure. The non-profit entity is now called the OpenAI Foundation, which has majority control of the for-profit component, OpenAI Group Public Benefit Corp. (PBC).

Both companies were back at it on Tuesday, announcing deals that once again added billions in value to public companies.

Shares of the chipmaker surged on Monday, putting them on track for their biggest one-day gain in over nine years and adding roughly $80B to its market value.

OpenAI is preparing for a $1 trillion IPO that could launch in 2026. The ChatGPT maker plans to raise at least $60 billion after completing restructuring.

The ChatGPT maker’s new stake in AMD shows how AI’s power players are merging capital, compute, and control into one ecosystem.

AMD CEO Lisa Su said on the company's earnings call that she's "very excited" about its partnership to deploy six gigawatts of its systems with OpenAI through the end of the decade. The two companies