AMD Stock Poised to Soar on Nov. 4

Advanced Micro Devices (AMD) could be gearing up for a significant jump when it reports its third‑quarter earnings on Nov. 4. Thanks to its recently announced deal with OpenAI, where AMD will supply 6 gigawatts of computing power, the company may reveal a sizeable order backlog that signals robust demand in the AI/data‑center space. While the upcoming earnings will certainly matter, analysts argue that commentary around AMD’s AI‑business momentum may dominate the reaction. The logic: if OpenAI and other major customers are locking in AMD hardware, that positions the company to benefit significantly from the wider AI build‑out. For investors weighing whether to buy now or wait, the question becomes: Is the stock already reflecting this upside, or is there further runway for surprise? With the Nov. 4 earnings date in sight, the market may be pricing in the risk‑reward accordingly. #AMD #AIChips #OpenAI #EarningsPreview #SlimScan #GrowthStocks #CANSLIM