⚡️📈 NEW - AMD stock skyrockets 30% as…
⚡️📈 NEW - AMD stock skyrockets 30% as OpenAI looks to take a stake in AI chipmaker
>OpenAI and AMD have reached a deal that could see Sam Altman’s company take a 10% stake in the chipmaker.
>OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026.
>AMD issued OpenAI a warrant for up to 160 million shares, with vesting tied to deployment and share price milestones.
