- AMD expects the deal to add tens of billions to the company's revenue annually.
- AMD will supply OpenAI with hundreds of thousands of AI chips in four year deal
- OpenAI granted AMD warrant that will allow it to buy up to 10% stake in chipmaker at 1 cent/share
Just a couple of weeks ago, Nvidia said that it will invest up to 100 billion dollars in OpenAI and supply it with data center chips. OpenAI will now invest billions in AMD. This AI train doesn't look like it's going to stop anytime soon and with expansionary fiscal and monetary policies, it could really end up like the dot-com bubble. For now though, the music is still playing...

AMD weekly chart