AMD's AI Power Play: $60 Billion OpenAI Chip Deal
Update: 2025-10-06
Description
AMD just landed a multi-billion dollar deal with OpenAI to supply massive computing power, potentially reshaping the AI landscape. AMD will provide 6 gigawatts of Instinct GPUs, starting in 2026, and OpenAI can acquire up to 10% of AMD's stock. This agreement, boosting AMD's stock by 30%, secures OpenAI's AI infrastructure and intensifies the competition in the AI hardware race against Nvidia.
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