AMD Inc. (AMD) surged Tuesday after Meta Platforms (META) announced a deal tentatively worth $100 billion for 6 gigawatts of computing power. Marley Kayden calls the deal a "big win" for AMD that puts the company in more direct competition with firms like Broadcom (AVGO) and Nvidia (NVDA), the latter of which also signed a deal with Meta last week. Tim Biggam offers an example options trade for AMD.

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