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AMD and OpenAI Strike Major AI Chip Deal

10/8/2025

Summary

AMD Secures AI Deal

Advanced Micro Devices, Inc. (AMD) and OpenAI announce a multi-year Artificial Intelligence (AI) chip deal.
OpenAI could hold 10% of AMD via warrants, with 1 GW in 2026.
MI450 deployments begin at 1 GW in 2026, then scale to 6 GW.
AMD stock rose over 30%; Nvidia controls 80% of AI GPU market.

Summary

AMD Boosts Stock Surge

Stock futures stay steady after the S&P 500 and Nasdaq hit record highs, driven by AI optimism and Advanced Micro Devices (AMD) OpenAI deal.
Bitcoin trades around $124,400, after peaking above $125,000, while gold nears $4,000 per ounce amid uncertainty.
Advanced Micro Devices (AMD) shares surged over 23% on the OpenAI partnership, boosting its AI-infrastructure position.
The U.S. government shutdown continues, delaying key economic reports and dampening sentiment.

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AMD Secures AI Deal

Advanced Micro Devices, Inc. (AMD) and OpenAI announce a multi-year Artificial Intelligence (AI) chip deal.
OpenAI could hold 10% of AMD via warrants, with 1 GW in 2026.
MI450 deployments begin at 1 GW in 2026, then scale to 6 GW.
AMD stock rose over 30%; Nvidia controls 80% of AI GPU market.

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