US Futures Rise, AMD Surges on OpenAI Deal

2025-10-06 11:23 By Joana Taborda 1 min. read

US stock futures were higher on Monday, with S&P 500 contracts up 0.4%, the Nasdaq 100 gaining 0.8%, and Dow Jones futures rising roughly 100 points, as AI-related partnerships continued to support investor sentiment.

Advanced Micro Devices (AMD) shares soared more than 22% in premarket trading after the company reached a deal for OpenAI to deploy 6 gigawatts of AMD GPUs over multiple years, with AMD also issuing OpenAI a warrant for up to 160 million shares.

Mega-cap stocks were mostly higher ahead of the open, with Microsoft (+0.6%), Apple (+0.3%), Amazon (+0.7%), Alphabet (+0.3%), Meta (+0.3%), and Tesla (+2.2%), while Nvidia (-1.4%) and Broadcom (-2.8%) posted losses.

Meanwhile, the government shutdown entered its 6th day after Senators failed for the fourth time to pass spending proposals on Friday.

Lawmakers are set to return Monday to vote again on a Democratic funding plan, which includes healthcare priorities, and a GOP-led stopgap bill, though neither is expected to succeed.



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