The post These U.S. politicians suspiciously bought AMD stock days before OpenAI’s deal  appeared on BitcoinEthereumNews.com. Two U.S. lawmakers made timely trades in Advanced Micro Devices (NASDAQ: AMD) stock just weeks before the chipmaker announced a major deal with OpenAI, which sent its shares soaring. Filings indicate that Representative Cleo Fields purchased between $15,001 and $50,000 worth of AMD shares on August 15, 2025, while his colleague Dan Newhouse bought between $1,001 and $15,000 on August 18, 2025.  Both transactions were reported in early September, before AMD revealed its partnership with OpenAI a month later to supply billions of dollars’ worth of artificial intelligence chips over the coming years. The agreement announced on October 6 involves AMD providing OpenAI with up to 6 gigawatts of GPU computing capacity using its next-generation Instinct MI450 chips. This move, analysts say, could generate “tens of billions” in new revenue and solidify AMD as a credible challenger to Nvidia’s dominance in the AI hardware market. As part of the deal, OpenAI also received warrants to purchase up to 160 million AMD shares — roughly 10% of the company, contingent on future milestones tied to production and AMD’s stock price performance. AMD stock soars over 30% Following the announcement, AMD’s shares jumped about 34% in pre-market trading to $221 AMD one-week stock price chart. Source: Finbold It’s worth noting that when Fields and Newhouse made their rades, the stock was underperforming the broader market.  In this case, since the filings, AMD’s price has declined roughly 7% since Fields’ trade and 6.5% since Newhouse’s Congress trade.  Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal Their transactions came just as AMD’s stock appeared to be bottoming out ahead of the AI-driven rally.… The post These U.S. politicians suspiciously bought AMD stock days before OpenAI’s deal  appeared on BitcoinEthereumNews.com. Two U.S. lawmakers made timely trades in Advanced Micro Devices (NASDAQ: AMD) stock just weeks before the chipmaker announced a major deal with OpenAI, which sent its shares soaring. Filings indicate that Representative Cleo Fields purchased between $15,001 and $50,000 worth of AMD shares on August 15, 2025, while his colleague Dan Newhouse bought between $1,001 and $15,000 on August 18, 2025.  Both transactions were reported in early September, before AMD revealed its partnership with OpenAI a month later to supply billions of dollars’ worth of artificial intelligence chips over the coming years. The agreement announced on October 6 involves AMD providing OpenAI with up to 6 gigawatts of GPU computing capacity using its next-generation Instinct MI450 chips. This move, analysts say, could generate “tens of billions” in new revenue and solidify AMD as a credible challenger to Nvidia’s dominance in the AI hardware market. As part of the deal, OpenAI also received warrants to purchase up to 160 million AMD shares — roughly 10% of the company, contingent on future milestones tied to production and AMD’s stock price performance. AMD stock soars over 30% Following the announcement, AMD’s shares jumped about 34% in pre-market trading to $221 AMD one-week stock price chart. Source: Finbold It’s worth noting that when Fields and Newhouse made their rades, the stock was underperforming the broader market.  In this case, since the filings, AMD’s price has declined roughly 7% since Fields’ trade and 6.5% since Newhouse’s Congress trade.  Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal Their transactions came just as AMD’s stock appeared to be bottoming out ahead of the AI-driven rally.…