OpenAI looks to take 10% stake in AMD through AI chip deal

Openai and Advanced Micro Devices He reached an agreement that Sam Altman’s company received a 10% stake in the chip manufacturer.

AMD stock increased by more than 25% on Monday during the pre -market process after the news.

Companies said on Monday that Openai will deploy 6 Gigawatts instinct processing units for a few years and more than one generation of hardware. In the second half of 2026, the first 1 Gigawatt chips will start with the presentation.

As part of the connection, AMD has issued an orders for Openai for up to 160 million ordinary stocks of AMD shares, and the protection milestone stones depend on both the distribution volume and the AMD’s share price.

The first slice opens a lock of additional slices to the Openai 6 Gigawatt, which has the first full Gigawatt distribution and meets the basic technical and commercial milestone stones required for large -scale presentation.

If Openai uses the full order, it can obtain approximately 10% ownership in AMD based on the existing number of shares.

The ChatGPT manufacturer said that the agreement is worth billions, but refused to announce a certain dollar amount.

“AMD’s leadership in high -performance chips will enable us to accelerate progress and bring the benefits of advanced AI faster.” He said.

The agreement positions AMD as a basic strategic partner to Openai by marking one of the largest GPU distribution agreements in the artificial intelligence industry.

The partnership can help alleviate industry pressure on supply chains and reduce Openai’s confidence in a single seller.

OpenAi announced a turning point with a $ 100 billion equity and supply agreement Nvidia About two weeks ago, it strengthens the role of the chip giant in strengthening the new generation Openai models. This regulation combined capital investment with long-term equipment supply-in the case of Nvidia, a chipset that received a property share in Openai.

NVIDIA shares fell 1% on Monday after news about the Openai-AMD agreement.

This agreement explains a special 10-gigawatt part of Openai’s wider Gigawatt infrastructure roadmap. With an estimated 50 billion dollar construction cost per Gigawatt – with the AMD agreement, Openai has made new building expenditures of approximately $ 1 trillion in the last two weeks.

Openai also in talks Broadcom Create special chips for new generation models.

The arrangement between OpenAi and AMD is increasingly adding a new layer to the circular nature of AI’s corporate economy, where capital, equality and calculation are traded between the same handful companies that build and strengthen technology.

Nvidia supplies the capital to buy its chips. Prophecy It helps to create sites. AMD and Broadcom are taking steps as a supplier. Openai is anchoring the demand.

It is a strictly injured circular economy, and if any connection in the chain begins to weaken, analysts may face real strain.

For AMD, both a commercial milestone and the new generation instinct is a verification of the roadmap.

After the AI ​​accelerator has followed NVIDIA for years, AMD now has a flagship customer at the forefront of the productive AI explosion.

AMD CEO Lisa Su said that “the world’s most ambitious AI construction and advancing the entire AI ecosystem,” he said.

It also strengthens Openai’s wider infrastructure ambitions.

Thanks to the Stargate project, Altman’s initiative is rapidly becoming one of the most aggressive infrastructure builders in the AI ​​sector. Abilene, the first site in Texas is already operating operational and Nvidia chips and continues to expand the construction capacity.

In New Mexico, Ohio and Midwest, the upcoming structures are expected to have a mixture of suppliers, including AMD.

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