AMD Stock Skyrockets on OpenAI Bet to Loosen Nvidia’s Grip on the AI Chip Market

Technology

Amd Stock Skyrockets On Openai Bet To Loosen Nvidia’s Grip On The Ai Chip Market

By Decrypt

AMD struck its biggest AI deal yet Monday morning, securing a 6 gigawatt GPU contract with OpenAI. The partnership gives OpenAI the option to acquire up to 160 million AMD shares—roughly 10% of the company—while AMD commits to delivering its next-gen ...Read more

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