AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake

Reuters2025-10-07

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Comments

Guavaxf3006
2025-10-07
Guavaxf3006
Wow. Price target for the option trigger is set at $600 per AMD share. This is not a small goal. But does this also signal Sam Altman and alisa Su knows something we don't?
Tiger Warrior
2025-10-07
Tiger Warrior
Should I buy amd stock today
Wayneb
2025-10-06
Wayneb
Share your opinion about this news…
Calvin Meng
2025-10-06
Calvin Meng
Smci is supplies AMD

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{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2573676038?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-07 06:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2573676038","market":"us","top_or_hot":-1,"title":"AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake","media":"Reuters","content":"<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2023250504.SGD","symbol_name":"Allianz Thematica Cl AMg DIS H2-SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2573676038","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2573676038","pubTimestamp":1759791300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"The five-year agreement will challenge Nvidia’s market dominance, as OpenAI plans deployment of AMD’s new MI450 chips.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","AMD":"美国超微公司","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","NVDA":"英伟达","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4023":"应用软件","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD"},"translate_title":"AMD与OpenAI签署人工智能芯片供应协议，允许其选择持有10%的股份","themeId":"9f943ba99a5a0fc8e582f8165c22b90e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1.1,"AMD":1.1},"content_text":"SAN FRANCISCO, Oct 6 (Reuters) - AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.Shares of the chipmaker surged 23.7% on Monday.The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry's voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.\"We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,\" AMD executive vice president Forrest Norrod told Reuters on Sunday.VOTE OF CONFIDENCEThe agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of Nvidia, which recently agreed to make substantial investments in OpenAI.Analysts said it was a major vote of confidence in AMD's AI chips and software but is unlikely to dent Nvidia's dominance, as the market leader continues to sell every AI chip it can make.It covers the deployment of hundreds of thousands of AMD's AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.\"AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,\" said Leah Bennett, chief investment strategist at Concurrent Asset Management.Shares of Nvidia dipped more than 1%.OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.It was not immediately clear how OpenAI would fund the massive deal.OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.DEAL DETAILSAs part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.In contrast with the startup's deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.Taking a stake in AMD could give OpenAI \"the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,\" said Dan Coatsworth, head of markets at A.J. Bell.OpenAI chip supply deal sends AMD shares soaringOPENAI WANTS MORE GPUsOpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.OpenAI's deal last month with Nvidia includes the deployment of one gigawatt of the chip giant's next-generation Vera Rubin processors in late 2026.OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.A person familiar with the matter said the deal with AMD does not change any of OpenAI's ongoing compute plans, including that effort or its partnership with Microsoft.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":true,"code":"91000000","status":"200"},"commentList":[{"id":486447726948896,"gmtCreate":1759791971981,"gmtModify":1759795415373,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf3006","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3576140222331577","authorIdStr":"3576140222331577"},"htmlText":"Wow. Price target for the option trigger is set at $600 per AMD share. This is not a small goal. But does this also signal Sam Altman and alisa Su knows something we don't?","listText":"Wow. Price target for the option trigger is set at $600 per AMD share. This is not a small goal. But does this also signal Sam Altman and alisa Su knows something we don't?","text":"Wow. Price target for the option trigger is set at $600 per AMD share. This is not a small goal. But does this also signal Sam Altman and alisa Su knows something we don't?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/486447726948896","repostId":2573676038,"repostType":2,"repost":{"id":"2573676038","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1759791300,"share":"https://ttm.financial/m/news/2573676038?lang=en_US&edition=fundamental","pubTime":"2025-10-07 06:55","market":"us","language":"en","title":"AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2573676038","media":"Reuters","summary":"The five-year agreement will challenge Nvidia’s market dominance, as OpenAI plans deployment of AMD’s new MI450 chips.","content":"<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-07 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","AMD":"美国超微公司","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","NVDA":"英伟达","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4023":"应用软件","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2573676038","content_text":"SAN FRANCISCO, Oct 6 (Reuters) - AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.Shares of the chipmaker surged 23.7% on Monday.The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry's voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.\"We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,\" AMD executive vice president Forrest Norrod told Reuters on Sunday.VOTE OF CONFIDENCEThe agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of Nvidia, which recently agreed to make substantial investments in OpenAI.Analysts said it was a major vote of confidence in AMD's AI chips and software but is unlikely to dent Nvidia's dominance, as the market leader continues to sell every AI chip it can make.It covers the deployment of hundreds of thousands of AMD's AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.\"AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,\" said Leah Bennett, chief investment strategist at Concurrent Asset Management.Shares of Nvidia dipped more than 1%.OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.It was not immediately clear how OpenAI would fund the massive deal.OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.DEAL DETAILSAs part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.In contrast with the startup's deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.Taking a stake in AMD could give OpenAI \"the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,\" said Dan Coatsworth, head of markets at A.J. Bell.OpenAI chip supply deal sends AMD shares soaringOPENAI WANTS MORE GPUsOpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.OpenAI's deal last month with Nvidia includes the deployment of one gigawatt of the chip giant's next-generation Vera Rubin processors in late 2026.OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.A person familiar with the matter said the deal with AMD does not change any of OpenAI's ongoing compute plans, including that effort or its partnership with Microsoft.","news_type":1,"symbols_score_info":{"NVDA":1.1,"AMD":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":486440396013832,"gmtCreate":1759790265631,"gmtModify":1759790269475,"author":{"id":"4218462910348192","authorId":"4218462910348192","name":"Tiger Warrior","avatar":"https://community-static.tradeup.com/news/fd2b9b77a2935898466c701bbc04afed","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"4218462910348192","authorIdStr":"4218462910348192"},"htmlText":"Should I buy amd stock today","listText":"Should I buy amd stock today","text":"Should I buy amd stock today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/486440396013832","repostId":2573676038,"repostType":2,"repost":{"id":"2573676038","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1759791300,"share":"https://ttm.financial/m/news/2573676038?lang=en_US&edition=fundamental","pubTime":"2025-10-07 06:55","market":"us","language":"en","title":"AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2573676038","media":"Reuters","summary":"The five-year agreement will challenge Nvidia’s market dominance, as OpenAI plans deployment of AMD’s new MI450 chips.","content":"<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-07 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","AMD":"美国超微公司","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","NVDA":"英伟达","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4023":"应用软件","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2573676038","content_text":"SAN FRANCISCO, Oct 6 (Reuters) - AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.Shares of the chipmaker surged 23.7% on Monday.The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry's voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.\"We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,\" AMD executive vice president Forrest Norrod told Reuters on Sunday.VOTE OF CONFIDENCEThe agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of Nvidia, which recently agreed to make substantial investments in OpenAI.Analysts said it was a major vote of confidence in AMD's AI chips and software but is unlikely to dent Nvidia's dominance, as the market leader continues to sell every AI chip it can make.It covers the deployment of hundreds of thousands of AMD's AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.\"AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,\" said Leah Bennett, chief investment strategist at Concurrent Asset Management.Shares of Nvidia dipped more than 1%.OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.It was not immediately clear how OpenAI would fund the massive deal.OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.DEAL DETAILSAs part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.In contrast with the startup's deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.Taking a stake in AMD could give OpenAI \"the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,\" said Dan Coatsworth, head of markets at A.J. Bell.OpenAI chip supply deal sends AMD shares soaringOPENAI WANTS MORE GPUsOpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.OpenAI's deal last month with Nvidia includes the deployment of one gigawatt of the chip giant's next-generation Vera Rubin processors in late 2026.OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.A person familiar with the matter said the deal with AMD does not change any of OpenAI's ongoing compute plans, including that effort or its partnership with Microsoft.","news_type":1,"symbols_score_info":{"NVDA":1.1,"AMD":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":486305170903120,"gmtCreate":1759757420443,"gmtModify":1759758559850,"author":{"id":"3569360553401487","authorId":"3569360553401487","name":"Wayneb","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3569360553401487","authorIdStr":"3569360553401487"},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/486305170903120","repostId":2573676038,"repostType":4,"repost":{"id":"2573676038","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1759791300,"share":"https://ttm.financial/m/news/2573676038?lang=en_US&edition=fundamental","pubTime":"2025-10-07 06:55","market":"us","language":"en","title":"AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2573676038","media":"Reuters","summary":"The five-year agreement will challenge Nvidia’s market dominance, as OpenAI plans deployment of AMD’s new MI450 chips.","content":"<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-07 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","AMD":"美国超微公司","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","NVDA":"英伟达","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4023":"应用软件","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2573676038","content_text":"SAN FRANCISCO, Oct 6 (Reuters) - AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.Shares of the chipmaker surged 23.7% on Monday.The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry's voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.\"We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,\" AMD executive vice president Forrest Norrod told Reuters on Sunday.VOTE OF CONFIDENCEThe agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of Nvidia, which recently agreed to make substantial investments in OpenAI.Analysts said it was a major vote of confidence in AMD's AI chips and software but is unlikely to dent Nvidia's dominance, as the market leader continues to sell every AI chip it can make.It covers the deployment of hundreds of thousands of AMD's AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.\"AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,\" said Leah Bennett, chief investment strategist at Concurrent Asset Management.Shares of Nvidia dipped more than 1%.OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.It was not immediately clear how OpenAI would fund the massive deal.OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.DEAL DETAILSAs part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.In contrast with the startup's deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.Taking a stake in AMD could give OpenAI \"the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,\" said Dan Coatsworth, head of markets at A.J. Bell.OpenAI chip supply deal sends AMD shares soaringOPENAI WANTS MORE GPUsOpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.OpenAI's deal last month with Nvidia includes the deployment of one gigawatt of the chip giant's next-generation Vera Rubin processors in late 2026.OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.A person familiar with the matter said the deal with AMD does not change any of OpenAI's ongoing compute plans, including that effort or its partnership with Microsoft.","news_type":1,"symbols_score_info":{"NVDA":1.1,"AMD":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":486276902482464,"gmtCreate":1759750266790,"gmtModify":1759752318351,"author":{"id":"4202982636390192","authorId":"4202982636390192","name":"Calvin Meng","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4202982636390192","authorIdStr":"4202982636390192"},"htmlText":"Smci is supplies AMD","listText":"Smci is supplies AMD","text":"Smci is supplies AMD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/486276902482464","repostId":2573676038,"repostType":2,"repost":{"id":"2573676038","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1759791300,"share":"https://ttm.financial/m/news/2573676038?lang=en_US&edition=fundamental","pubTime":"2025-10-07 06:55","market":"us","language":"en","title":"AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2573676038","media":"Reuters","summary":"The five-year agreement will challenge Nvidia’s market dominance, as OpenAI plans deployment of AMD’s new MI450 chips.","content":"<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Signs AI Chip-Supply Deal with OpenAI, Gives It Option to Take a 10% Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-07 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SAN FRANCISCO, Oct 6 (Reuters) - <a href=\"https://laohu8.com/S/AMD\">AMD</a> will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.</p><p>Shares of the chipmaker surged 23.7% on Monday.</p><p>The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry&#39;s voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.</p><p>&#34;We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,&#34; AMD executive vice president Forrest Norrod told Reuters on Sunday.</p><h2 id=\"id_48352820\" style=\"text-align: start;\">VOTE OF CONFIDENCE</h2><p>The agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, which recently agreed to make substantial investments in OpenAI.</p><p>Analysts said it was a major vote of confidence in AMD&#39;s AI chips and software but is unlikely to dent Nvidia&#39;s dominance, as the market leader continues to sell every AI chip it can make.</p><p>It covers the deployment of hundreds of thousands of AMD&#39;s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.</p><p>AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.</p><p>AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.</p><p>The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.</p><p>&#34;AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,&#34; said Leah Bennett, chief investment strategist at Concurrent Asset Management.</p><p>Shares of Nvidia dipped more than 1%.</p><p>OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.</p><p>It was not immediately clear how OpenAI would fund the massive deal.</p><p>OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.</p><h2 id=\"id_1206259998\" style=\"text-align: start;\">DEAL DETAILS</h2><p>As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.</p><p>The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.</p><p>In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.</p><p>In contrast with the startup&#39;s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.</p><p>Taking a stake in AMD could give OpenAI &#34;the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,&#34; said Dan Coatsworth, head of markets at A.J. Bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/35bb76892ebfaf924bbf7c544195e8e1\" alt=\"OpenAI chip supply deal sends AMD shares soaring\" title=\"OpenAI chip supply deal sends AMD shares soaring\" tg-width=\"1532\" tg-height=\"934\"/><span>OpenAI chip supply deal sends AMD shares soaring</span></p><h2 id=\"id_3885284388\">OPENAI WANTS MORE GPUs</h2><p>OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.</p><p>The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.</p><p>Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.</p><p>OpenAI&#39;s deal last month with Nvidia includes the deployment of one gigawatt of the chip giant&#39;s next-generation Vera Rubin processors in late 2026.</p><p>OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.</p><p>The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.</p><p>A person familiar with the matter said the deal with AMD does not change any of OpenAI&#39;s ongoing compute plans, including that effort or its partnership with Microsoft.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","AMD":"美国超微公司","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","NVDA":"英伟达","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4023":"应用软件","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2573676038","content_text":"SAN FRANCISCO, Oct 6 (Reuters) - AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.Shares of the chipmaker surged 23.7% on Monday.The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry's voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.\"We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,\" AMD executive vice president Forrest Norrod told Reuters on Sunday.VOTE OF CONFIDENCEThe agreement closely ties the startup at the center of the AI boom to AMD, one of the strongest rivals of Nvidia, which recently agreed to make substantial investments in OpenAI.Analysts said it was a major vote of confidence in AMD's AI chips and software but is unlikely to dent Nvidia's dominance, as the market leader continues to sell every AI chip it can make.It covers the deployment of hundreds of thousands of AMD's AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026. This is roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.The chipmaker is expected to report revenue of $32.78 billion this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26 billion for the current fiscal year.\"AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,\" said Leah Bennett, chief investment strategist at Concurrent Asset Management.Shares of Nvidia dipped more than 1%.OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.It was not immediately clear how OpenAI would fund the massive deal.OpenAI, which is valued at $500 billion, generated around $4.3 billion in revenue in the first half of 2025 and burned through $2.5 billion in cash, according to media reports.DEAL DETAILSAs part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chip deal. The warrant vests in tranches based on milestones that the two companies have agreed on.The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.In contrast with the startup's deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100 billion in the ChatGPT parent under the terms of the agreement announced in September.Taking a stake in AMD could give OpenAI \"the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,\" said Dan Coatsworth, head of markets at A.J. Bell.OpenAI chip supply deal sends AMD shares soaringOPENAI WANTS MORE GPUsOpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.Altman has floated expectations of reaching 250 gigawatts of compute in total by 2033, The Information has reported.OpenAI's deal last month with Nvidia includes the deployment of one gigawatt of the chip giant's next-generation Vera Rubin processors in late 2026.OpenAI is also in the process of developing its own silicon for AI use and has partnered with Broadcom, Reuters reported last year.The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity.A person familiar with the matter said the deal with AMD does not change any of OpenAI's ongoing compute plans, including that effort or its partnership with Microsoft.","news_type":1,"symbols_score_info":{"NVDA":1.1,"AMD":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":44,"commentSize":4,"repostSize":3,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2573676038","isCrawlerRequest":true}