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OpenAI Looks to Take 10% Stake in AMD Through AI Chip-Supply Deal Worth Billions
- On Monday, OpenAI and AMD revealed a multi-year partnership under which OpenAI will utilize up to 6 gigawatts of AMD’s GPUs across multiple hardware generations.
- This partnership follows OpenAI's recent $100 billion deal with Nvidia and aligns with its broader $1 trillion infrastructure buildout plan in 2025.
- The initial deployment will begin in the second half of 2026 with AMD's Instinct MI450 Series GPUs and will expand based on commercial and technical milestones.
- AMD has granted OpenAI the option to acquire up to 160 million shares, which will become exercisable as deployment goals are reached and AMD meets certain stock price milestones, potentially allowing OpenAI to obtain about a 10% ownership stake in the company.
- Executives said the deal marks a strategic milestone expected to generate tens of billions in revenue for AMD and accelerate the AI ecosystem while enhancing compute capacity.
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42 Articles
42 Articles
OpenAI plans massive purchase of AMD chips in return for stake ...
·Washington, United States
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With this partnership, OpenAI shows its intention to diversify its sources of semiconductor supply, so as not to depend only on the number one sector, the US Nvidia, with which it reached an agreement in September.
·Paris, France
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Coverage Details
Total News Sources42
Leaning Left10Leaning Right2Center13Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 40%
C 52%
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