AMD Pays a High Price for Blockbuster OpenAI Deal

AMD will supply up to 6 gigawatts of AI GPUs to OpenAI, with the first deployment scheduled for late next year. OpenAI has received a warrant to buy up to 160 million shares of AMD as part of the deal.

AMD signs AI chip-supply deal with OpenAI, shares surge over 34%

AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.

Piper Sandler finds AMD's new deal with OpenAI as 'highly accretive'

Advanced Micro Devices (AMD) deal with OpenAI (OPENAI) to provide up to 6GW of artificial intelligence infrastructure has the potential to provide extended benefits to AMD and several other companies as well,

As OpenAI Diversifies Beyond Nvidia, AMD Stock May Have Just Gained a Massive Catalyst

The deal is a huge shot in the arm for AMD, which has been playing second fiddle to Nvidia in the GPU game for the last several years. While Nvidia's stock is up over 1,300% in the last three years as it became the largest publicly traded company in the world, AMD is up a comparatively soft 200% in the same period.

OpenAI Raises the Stakes for AMD’s Race to Catch Nvidia

The deal calls for OpenAI to establish 6 gigawatts of computing capacity using AMD’s chips over the next several years. Those chips are the most direct competitor to Nvidia’s AI processors that generate more than $146 billion in annual data center revenue now and are expected to run up to $226 billion worth of annual sales in the next 12 months,

OpenAI lifts another AI laggard with big plans for AMD

OpenAI signed a deal in May to build out a one-gigawatt data center complex in the United Arab Emirates, a deal that was brokered by the Trump administration. Oracle, Nvidia, Softbank, Cisco and G42, a royals-backed Emirati AI company, are set to back the project.

AMD, OpenAI leaders celebrate major partnership to drive next wave of AI innovation

OpenAI partners with semiconductor giant AMD to utilize next-generation graphics processing units for powering AI advancements.

AMD teams up with OpenAI to challenge Nvidia’s AI chip dominance

The five-year deal will commit OpenAI to purchasing six gigawatts worth of AMD’s GPUs for its AI data centers.

OpenAI and AMD reveal billion-dollar partnership - Sam Altman says deal will "bring the benefits of advanced AI to everyone faster"

OpenAI has signed a major deal with AMD in an effort to continue its expansion of AI infrastructure. The billion-dollar, multi-year agreement will have AMD being responsible for deploying 6 GW of its Instinct GPUs, with the first gigawatt coming from AMD Instinct MI450 series GPUs in the second half of 2026.
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