US EditionNvidia CEO Surprised by AMD's Deal Giving OpenAI a 10% Stake
OpenAI's multibillion-dollar deal includes purchasing 6 gigawatts of AMD AI chips and an option to acquire 10% of AMD, intensifying competition with Nvidia in the AI chip market.
- Nvidia CEO Jensen Huang told CNBC's Squawk Box on Oct. 8th, 2025 that he was surprised Advanced Micro Devices offered 10% of the company to OpenAI.
- On Monday, OpenAI and AMD agreed to terms that include OpenAI purchasing 6 gigawatts of AMD chips, including the Instinct MI450, and receiving warrants for 160 million AMD shares.
- Investor response was immediate as AMD stock jumped 38% on Monday and the company reached a $380 billion market cap, following Nvidia's up-to-$100 billion collaboration with OpenAI late last month.
- Asked about funding, Huang said OpenAI lacks money now and must raise capital through revenues, equity or debt, while Nvidia is set to invest $2 billion.
- The deal positions Advanced Micro Devices as a stronger rival to Nvidia, challenging its dominance and narrowing the gap for AI compute providers with the Instinct MI450.
13 Articles
13 Articles
Nvidia CEO surprised by AMD's deal giving OpenAI a 10% stake
In an interview on CNBC's Squawk Box, Huang called the arrangement "unique and surprising," given AMD's excitement about its upcoming hardware. "I'm surprised they would give away 10 percent of the company before they even built it," he said. "It's clever, I guess."Read Entire Article
(San Francisco = Yonhap News) Correspondent Kim Tae-jong = Jensen Huang, CEO of Nvidia, a leader in artificial intelligence (AI) chips, recently announced that AMD has partnered with OpenAI for billions of dollars...
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Advanced Micro Devices (NASDAQ: AMD) just signed a multiyear, 6-gigawatt GPU partnership with OpenAI -- one of the largest AI infrastructure deals ever. The collaboration could generate tens of billions of dollars in annual revenue and make AMD a direct competitor to Nvidia's dominance in artificial intelligence. Stock prices used were the market prices of Oct. 7, 2025. The video was published on Oct. 8, 2025.Where to invest $1,000 right now? Ou…
The executive director (CEO) of Nvidia, Jensen Huang, called the recent agreement between Advanced Micro Devices (AMD) and OpenAI “surprising and ingenious” the recent agreement between Advanced Micro Devices (AMD) and OpenAI. Huang mentioned that he was struck by the fact that AMD “leaded” 10% of the company before constructing its new product, referring to the next series of MI450 processors. It is imaginative, unique and surprising, consideri…
AMD and OpenAI: Future Collaboration - PressReach
Advanced Micro Devices (NASDAQ:AMD) is set to embark on a transformative journey with its partnership with OpenAI. The tech giant, known for its cutting-edge processors and GPUs, is poised to leverage its technological prowess to cater to the growing demands of artificial intelligence. This collaboration, starting in a year, is expected to bring about significant advancements in AI-driven technologies, benefiting both entities. AMD has been aggr…
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