AMD Has Promised OpenAI and Meta Up to 320 Million Shares for a Penny Each. Here's What That Does to the Share Count.

AMD Has Promised OpenAI and Meta Up to 320 Million Shares for a Penny Each. Here's What That Does to the Share Count.

How much of the chipmaker might two of its big customers wind up owning?

Could Issue 320 Million Shares at a Penny. Here is What Has to Happen First

Advanced Micro Devices, Inc. (NASDAQ:AMD) has granted OpenAI and Meta warrants over as many as 160 million shares each, at an exercise price of one cent, with the terms disclosed in the company's filings. The stock traded at around $656 on October 6, 198.69% higher over twelve months. Three…

AMD Stock: OpenAI, Meta Warrants Could Add 320M Shares

AMD has reserved as many as 320 million shares for OpenAI and Meta under two customer warrants carrying an exercise price of one cent. Against the 1.632 billion shares AMD reported outstanding in its latest quarterly filing, full exercise would increase the share count by 19.60%. That is the maximum, not the dilution investors face today.The distinction matters as AMD stock trades around $632 and investors assess how much ownership the chipmaker…

AMD has promised OpenAI and Meta up to 320 million shares at a penny each

AMD promised OpenAI and Meta up to 320 million shares at $0.01 each, tied to GPU purchases. Full exercise would lift share count by about 19.6%.

AMD stock closes at a record $633.91 as its Nvidia challenge gets real

OpenAI holds warrants for 160 million AMD shares tied to a 6-gigawatt MI450 deployment, while Oracle commits to 50,000 of the same GPUs starting Q3 2026, the contracts actually behind AMD's rally.