OpenAI and AMD announce multibillion-dollar partnership — AMD to supply 6 gigawatts in chips, OpenAI could get up to 10% of AMD shares in return

OpenAI and AMD have announced a significant partnership where OpenAI will purchase 6 gigawatts of AMD chips for AI data centers, potentially generating tens of billions of dollars in revenue for AMD over the next five years. In return, OpenAI could receive up to 10% of AMD shares. The first deployment of 1 gigawatt worth of chips is scheduled for the second half of 2026. This deal is seen as a major win for AMD, contrasting with Nvidia's recent partnership with Intel. OpenAI is also in talks with Nvidia for a $100 billion deal to deploy 10 gigawatts of AI data centers.