Texas Instruments makes a $7.5B deal no 1 saw coming
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Advanced Micro Devices (NASDAQ:AMD) just landed a chip deal with OpenAI, and the market is taking notice. The stock jumped 119% over the past year to $252, with most of that momentum coming in recent months as AMD’s AI revenue story gains traction.
The US and Taiwan agreed to a long-sought trade pact that would lower tariffs on goods from the self-governed island to 15% and see Taiwanese semiconductor companies increase financing for American operations by $500 billion.