AMD's stock surged over 147% since Evercore's bullish call following its five-year deal to supply OpenAI with 6GW of Instinct GPUs, signaling strong AI-driven growth. The deal is expected to add significantly to AMD's earnings in 2027 and 2028, supported by additional contracts with Meta and Anthropic. Despite this, AMD's current valuation is high, trading at about 213 times trailing earnings, making future gains dependent on successful AI deployment and continued demand. Analysts remain mostly positive but caution that any delays or broader chip market weakness could impact the stock negatively.
Following Evercore's bullish call on AMD tied to its OpenAI deal, Meta Platforms, another key AI player mentioned in the news, trades at USD 620.40 on Pluang as of Nov 04, 2026 20:21 WIB. Meta's price has slightly dipped by 0.10% in one day, with a market cap of $1.59 trillion and a typical hold time of 129 days on the platform. This snapshot highlights the ongoing investor interest and activity in AI-related tech stocks on Pluang.
Major hyperscalers like Amazon, Alphabet, and Meta are driving U.S. GDP growth through massive AI infrastructure investments, with capex budgets expected to rise over 90% by 2026. However, this surge in spending has led to growing financial stress, i...
Meta is set to raise $20 billion to $25 billion through a bond sale, with two-thirds in U.S. dollars and one-third in euros, to support increased spending on AI infrastructure and services. This move follows S&P Global Ratings' downgrade of Meta's ou...
Meta Platforms' stock dropped 16.67% recently due to a $9.89 billion legal settlement, but its ad revenue grew 26.1%, driven by AI improvements boosting ad volume and prices. Despite rising costs and negative free cash flow from heavy AI infrastructu...
On November 2, three major AI investors—Alphabet, Oracle, and Meta—attempted to raise at least $36.7 billion in bond markets, with only $16.7 billion priced. Alphabet secured €6 billion at low spreads reflecting strong lender trust, while Oracle's $1...
Bill Ackman, through Pershing Square, argues that Big Tech's capital spending on AI data centers, which rose from $140 billion in 2023 to $740 billion in 2026, is a strong growth investment despite pressuring free cash flow. The spending surge is mai...
