---
title: "QUICK SPARK: AMD Stock Hits Fresh Record High, Up 183% This Year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/299661732.md"
description: "AMD stock hit a record high of $606.98, up 183% year-to-date, driven by an OpenAI deal for 6 gigawatts of AMD Instinct GPUs, Oracle's order for 50,000 MI450 accelerators, and a Raymond James upgrade to Strong Buy with a $641 target."
datetime: "2026-09-21T15:33:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/299661732.md)
  - [en](https://longbridge.com/en/news/299661732.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/299661732.md)
generator: "portal-rs"
---

# QUICK SPARK: AMD Stock Hits Fresh Record High, Up 183% This Year

**Advanced Micro Devices Inc. (NASDAQ:AMD)** hit a fresh all-time high Monday, climbing 8.4% to $606.98 and extending its 2026 advance to roughly 183%.

The catalyst stack is unusually deep. 

OpenAI agreed to deploy 6 gigawatts of AMD Instinct GPUs across multiple hardware generations, starting with a 1-gigawatt MI450 rollout in the second half of this year. 

**Oracle Corp. (NYSE:ORCL)** separately committed to 50,000 MI450 accelerators over the same window. Raymond James upgraded the stock to Strong Buy with a $641 target.

Management calls the OpenAI arrangement immediately accretive, with a path to tens of billions in annual AI data center revenue from 2027.

*Image: Shutterstock*

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## Related News & Research

- [AMD Surpasses $1 Tln Market Cap As AI Demand Drives Record Rally](https://longbridge.com/en/news/299684017.md)
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- [Oracle has committed hundreds of billions to AI data centers. These 2 industrial stocks will power them.](https://longbridge.com/en/news/299536193.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**