October 9, 2025

Hold on tight! Wall Street is seeing wild fireworks as tech stocks shoot up like rockets fueled by OpenAI's booming deals. Advanced Micro Devices Inc (AMD) saw its stock price leap so high it added about $100 billion in market value in just one day. This happened after AMD struck a huge deal with OpenAI that might bring in billions of dollars. Just last month, Oracle Corp shares zoomed 36%, adding a massive $255 billion to its value after announcing a $300 billion, five-year agreement with OpenAI's ChatGPT. But is this party too good to be true? Many experts say yes. Brian Mulberry from Zacks Investment Management cautions, "If any one of these deals falls through it has this domino effect downstream that I think is concerning." He compares today's scene to the telecom boom of the mid-90s, which went bust later. The drama is centered on artificial intelligence (AI), the hottest tech trend. Big players like Nvidia and OpenAI have pledged billions in deals, firing up a frenzy among investors. But Michael O'Rourke, chief market strategist at Jonestrading, warns, "OpenAI is a negative cash flow company and has nothing to lose by signing these deals. Investors should be more discerning. But this is a buy-first, ask-questions-later environment." Billionaire hedge fund manager Paul Tudor Jones also raises a red flag, calling the situation "more potentially explosive than 1999," hinting at a looming bubble burst similar to the dot-com crash 25 years ago. One big worry is the twisting money flow—companies are using each other's cash in a circle, boosting stock prices artificially, says Mulberry. And big mature companies like AMD making such huge leaps in stock value? "That is unusual," he notes. But not all is gloom: analysts cheer AMD's rise, seeing its new OpenAI deal as a game changer in the AI graphics chip battle against Nvidia. Benchmark analyst Cody Acree writes, "This agreement fundamentally shifts how the industry will view AMD's competitive position going forward." Still, the elephant in the room remains: Are investors buying smartly or just scared of missing out? Multiple tech giants spiking double-digit gains in a row might signal that prices are flying away from real company values. So, is this the start of a sparkling tech boom or a recipe for a painful crash? Only time will tell, but Wall Street eyes are wide open for the next big twist!

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Tags: Openai, Amd, Oracle, Tech stocks, Market bubble, Dot-com era,