- AMD and Openai sign a multi -year agreement for 6 GW from GPUS
- OPENAI will also obtain up to 160 million shares ($ 32.5 billion) in AMD
- AMD shares jumped 37% after the announcement
OPENAI has signed a major agreement with AMD in order to continue its expansion of AI infrastructure.
The multi -year dollars’ multi -year agreement will have an AMD responsible for the deployment of 6 GW of its instinctive GPUs, the first gigawatt from the GPUs in the MI450 AMD MI450 series in the second half of 2026.
As part of the agreement, OpenAi will also have access to future generations of AMD chips, as well as better software optimization in the future.
Openai will use AMD for more calculation
Although specific financial details have not been revealed, the companies said that the agreement “would provide tens of billions of dollars in AMDs while accelerating the construction of infrastructure of OPENAI IA”.
“This partnership creates a real winner-win for the two companies, allowing deployments of AI on a very large scale and making the entire ecosystem progress,” said Openai in his announcement.
AMD also issued a mandate of up to 160 million ordinary AMD shares, which the chatgpt manufacturer can pay when specific milestones of the agreement are reached.
The equity rate jumped more than 37% before dropping slightly (equivalent of around 24% growth) in the aftermath of the announcement. With an action price of $ 203.71, 160 million shares would open more than $ 32.5 billion to today’s value.
“This agreement creates a significant strategic alignment and a value of shareholders for AMD and OpenAi and should be very accessible to the non-Gaap results of AMD,” noted the financial director of the AMD Jean HU.
The CEO of Openai, Sam Altman, described the agreement as a “major step in strengthening the calculation capacity necessary to carry out the full potential of AI”.
The last quarter of AMD attracted a record of $ 7.7 billion in revenues, up 32% from one year to another, driven by “strategic investments through hardware, software and systems”.
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