AMD Soars 25% As OpenAI Seals GPU Deal, Gains Warrant For 10% Stake

Benzinga

OpenAI signed a major deal with AMD that could give it up to a 10% stake in the chipmaker as part of a multi-generation GPU rollout. The agreement cements AMD as a key player in OpenAI’s trillion-dollar AI infrastructure buildout, following its Nvidia pact. AMD shares surged over 25% premarket on news of the partnership.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02OpenAI struck a landmark deal with AMD that could give Sam Altman's company up to a 10% stake in the chipmaker, according to CNBC.

00:09AMD shares served more than 25% in pre-market trading on Monday.

00:13The agreement calls for OpenAI to deploy 6 gigawatts of AMD's Instinct GPUs over multiple hardware generations,

00:20beginning with a 1 gigawatt rollout in the second half of 2026.

00:23AMD issued OpenAI a warrant for up to 160 million shares tied to deployment, milestones, and share price thresholds.

00:30The deal positions AMD as a key strategic partner in OpenAI's trillion-dollar infrastructure build-up,

00:35following a $100 billion NVIDIA equity and supply pact announced two weeks ago.

00:39Analysts said the partnership could diversify OpenAI's chip supply chain

00:42and validate AMD's Instinct roadmap after years of trailing NVIDIA.

00:47For all things money, visit Benzinga.com.

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