Romanian investors are betting on the AI revolution: AMD shares are soaring spectacularly after the historic partnership with OpenAI

Advanced Micro Devices (AMD) has become the most purchased stock by Romanians, with an increase of over 90% in 2023, surpassing the gains of the PHLX Semiconductor Sector index. This rise has generated excitement on Wall Street and investment forums, questioning whether it represents a major shift in technological power. AMD has gained a share of 41.31% on the Steam platform, while Intel has dropped to 58.61%, signaling an erosion of Intel's dominance in gaming. Recently, AMD announced an agreement with OpenAI for the supply of AI chips, which led to a 30-34% increase in stocks in a single day. This agreement, which includes the option for OpenAI to purchase 10% of AMD's shares, could generate significant revenue. Although AMD faces challenges such as trade restrictions and below-average operating margins, the fundamentals suggest continued expansion.