AMD signs Ai Chip-Supply Deal with OpenAI, shares rise 38%

Shares of Advanced Micro Devices (AMD) rose 38% to reach a highlight of $ 226.70 at NASDAQ after the company had announced the last AI infrastructure of Poweratter in several generations of AMD Instinct GPUs over a 6 gigawatt agreement with OpenAI to Powerat. The first 1 gigawatt implementation of AMD Instinct MI450 GPUs starts in the second half of 2026.

Under this final agreement, OpenAI will collaborate with AMD as a core strategic calculation partner to stimulate large-scale implementations of AMD technology, starting with the AMD Instinct MI450 series and rack scale AI solutions and expansion of future generations, said a company that applies to the stock markets.

“Door technische expertise te delen om hun productroutekaarten te optimaliseren, verdiepen AMD en Openai hun multi-generationele hardware- en software-samenwerking die begon met de MI300X en ging door met de MI350X-serie. Dit partnerschap creëert een echte win-win voor beide bedrijven, waardoor zeer grootschalige AI-ecoSyyment wordt geëxposeerd en het hele ecosyystemen,” de release zei.

The price action was accompanied by strong volume action, because 123.28 million shares were traded on the Nasdaq 10:18 am et (19:48 pm India Time).

As part of the agreement, to further coordinate strategic interests, AMD OpenAI has issued an order for a maximum of 160 million shares of AMD ordinary shares, structured to establish the specific milestones. The first tranche cardigan with the first 1 gigawatt implementation, with extra tranches that establish as purchases up to 6 gigawatt scales. Vesting is further linked to AMD that achieves certain goals for the stock prices and to open up to achieve the technical and commercial milestones needed to make AMD implementations on a scale possible.

In commentary on development, AMD’s chairman and CEO Lisa SU said that the company is happy to work with OpenAI to deliver AI Compute on “massive scale”. “This partnership brings together the best of AMD and OpenAi to create a real win-win that makes the world’s most ambitious AI-Buildout possible and promotes the entire AI-ecosystem,” said SU, said the headline index Nasdaq Composite trading at 22,891, 110.48% about 0.49%.

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