AMD’s stock price experienced a significant increase following a key announcement from OpenAI. The company has outlined a strategic partnership with AMD, involving the deployment of up to 6 gigawatts of AMD Instinct GPUs across several years. This initial rollout will commence in 2026 with a 1-gigawatt capacity. The collaboration will leverage OpenAI’s advanced AI research and development, potentially impacting AMD’s existing GPU market position. The investment represents a significant commitment to the burgeoning artificial intelligence sector, with potential implications for both companies and the broader technology landscape.
Credits: US Top News and Analysis
