- AMD and Openai sign a multiannual agreement for 6 GW of GPU
- OpenAI will also obtain up to 160 million shares (32.5 billion dollars) in AMD
- AMD’s shares rose 37% after the announcement
OpenAI has signed an important agreement with AMD in an effort to continue its expansion of AI infrastructure.
The multiannual agreement of one billion dollars will make AMD responsible for implementing 6 GW of its instinct GPU, and the first Gigavatio will come from the AMD Instinct MI450 series GPUs in the second half of 2026.
According to the agreement, OpenAI will also have access to future generations of AMD chips, as well as better software and hardware optimization in the future.
OpenAI will use AMD for more computing
Although precise financial details have not been revealed, the companies said that the agreement “would generate tens of billions of dollars in income for AMD and at the same time accelerate the development of the infrastructure of Openai’s infrastructure.”
“This association creates a true mutual benefit for both companies, since it allows implementations from AI to very large scale and advances the entire ecosystem,” Openai said in his announcement.
AMD has also issued Openai a guarantee for up to 160 million ordinary Actions of AMD, which the chatgpt manufacturer can grant when specific milestones of the agreement are reached.
The prices of the shares rose more than 37% before falling slightly (equivalent to a growth of around 24%) the day after the ad. With an action price of $ 203.71, 160 million shared would generate more than 32,500 million dollars to the current value for OpenAI.
“This agreement creates an important strategic alignment and value for shareholders for both AMD and Openai and it is expected to contribute greatly to the profits of Non -gaap of AMD,” said AMD financial director Jean Hu.
Openai’s executive director, Sam Altman, described the agreement as an “important step in the construction of the necessary computer capacity to take advantage of the potential of AI.”
AMD’s most recent quarter generated a record of $ 7.7 billion in revenue, 32% more year after year, promoted by “strategic investments in hardware, software and systems.”
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