- AMD and Openai sign a multi -year deal for 6 GW GPUs
- Openai will also come up to 160 million shares ($ 32.5 billion) in AMD
- AMD shares rose 37% after the message
Openai has signed a major agreement with AMD in an attempt to continue its expansion of AI infrastructure.
The billion dollars, perennial deal, will have AMD responsible for inserting 6 GW of its instinct GPUs, with the first gigawatt coming from the AMD Instinct MI450 series GPUs in the second half of 2026.
According to the agreement, Openai will also have access to future generations of AMDS chips as well as better software hardware optimization in the future.
Openai uses AMD for more calculation
Although no precise financial details have been revealed, companies said the agreement would “deliver tens of thousands of billions of dollars in revenue for AMD while accelerating Openais AI infrastructure development.”
“This partnership creates a real win-win for both companies that enable very large AI implementations and promotes the entire ecosystem,” Openai said in his announcement.
AMD has also issued Openai an arrest warrant for up to 160 million shares of AMD Common Stock, which Chatgpt Maker can west when specific milestones are achieved in the agreement.
Share prices rose over 37% before falling slightly (equivalent to about 24% growth) a day after the announcement. With a $ 203.71 stock price, 160 million shares Net Openai would over $ 32.5 billion to today’s value.
“This agreement creates significant strategic adaptation and shareholder value for both AMD and Openai and is expected to be very accrete for AMD’s non-GAAP earnings per share,” noted AMD CFO Jean Hu.
Openai CEO Sam Altman described the agreement as a “big step in building the calculated capacity needed to realize AI’s full potential.”
AMD’s latest quarter drew a record of $ 7.7 billion in revenue, an increase of 32% year over year, driven by “strategic investments across hardware, software and systems.”
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