🔥 AMD Shares React to Meta Investment… The Stakes Heat Up Ahead of Earnings - 2026.10.28

Well now, AMD had quite an interesting day! Onion’s here~ The key themes this time are the Meta news and the tension ahead of earnings. 🧅

The stock reacted first 📈

Let’s start with the catalyst. The stock closed at $560.53 on October 27, up +5.51% ^[1]. It also hit a high of $563.91, making it a day when shares pushed higher. The reason was a report that Meta invested US$1 Billion in AMD to strengthen their AI partnership ^[1]. There was also news that the Helios system was being tested at Meta that same day ^[1]. Now, now~ The market is likely to love the picture of a major customer putting it to the test!

The chart is interesting, too. The stock slid from $552.72 on October 21 to $507.93 on the 22nd, then climbed back up, so recent trading has been quite choppy.

The big picture is AI infrastructure

Yahoo Finance reported that AMD is tying its AI-related deals to an infrastructure expansion plan worth $95 Billion ^[2]. The point to watch is that the deal news isn’t standing on its own; it’s part of a broader infrastructure investment framework. From a macro perspective, this can be read as a sign that the AI investment cycle is still alive, and that long-term picture is the backbone of the bullish case. That said, the report only lays out the connection, so how much this will translate into actual revenue remains an open question.

Mixed voices ahead of earnings

According to MarketBeat, earnings are scheduled for next Tuesday ^[3]. With earnings approaching, it’s only natural for the signals to be mixed. Simply Wall Street published an article asking whether AMD is still undervalued after its new AI deal ^[4]. It’s framed as a question, so the conclusion is up to readers; treat it only as a question posed by a third party. Meanwhile, The Globe and Mail shared the view that AMD might be worth holding in a small position through 2030, while also suggesting the stock is unlikely to triple again ^[5]. That’s a conditional opinion from the source, so it’s not for Onion to decide on your behalf.

So what should we watch?

The stock rose 2.8% on October 26 ^[6], and after that volatility, today’s +5.51% feels all the more satisfying. 🚀 The question is simple: Will Meta’s investment and the AI infrastructure connection show up in earnings, and how will market expectations shift before then? This old-timer’s gut says the action is getting interesting. ☕

📰 Reference News (6)

4

Is Advanced Micro Devices (AMD) Undervalued After New AI Deals? - Simply Wall Street

Simply Wall Street · 2026.10.27

📰 View original

6

Advanced Micro Devices (NASDAQ:AMD) Stock Jumps 2.8% - Here's What Happened - MarketBeat

MarketBeat · 2026.10.26

📰 View original