Advanced Micro Devices (NASDAQ: AMD) just announced a massive partnership with OpenAI — a deal that could redefine the AI hardware race.
Here’s what we know:
Up to 6 gigawatts of AMD Instinct GPUs will power OpenAI’s next-gen infrastructure.
AMD issued OpenAI warrants for 160 million shares tied to rollout milestones.
CFO Jean Hu says it could bring in tens of billions in revenue and boost earnings per share.
AMD shares jumped over 35% premarket, reaching $222.95 at last check.
Meanwhile, Nvidia recently pledged $100 billion to its own OpenAI partnership — setting up one of the biggest tech rivalries in history.
Do you think AMD can catch up to Nvidia in the AI race?
#AMD #OpenAI #Stock
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