AMD Stock Soars Following OpenAI Deal

Japan’s Nikkei 225 index experienced a significant surge overnight, reaching a record high for the second consecutive day. The index rose approximately 24% following the announcement of a collaboration between AMD and OpenAI. The deal involves OpenAI investing a 10% stake in AMD’s semiconductor business. This collaboration holds the potential for increased innovation and market expansion for both companies. The move is expected to positively impact the Japanese stock market and investor sentiment.

Credits: US Top News and Analysis