Topic: stock investment

AMD to power OpenAI with $10B+ chip deal for 6GW compute

AMD has entered a multi-year agreement to supply OpenAI with six gigawatts of compute capacity using its Instinct GPU accelerators, starting with the MI450 series in late 2026. As part of the deal, OpenAI received an option to purchase up to 160 million AMD shares, vesting with compute delivery a...