On October 6, 2025, a multi - billion - dollar partnership was unveiled between OpenAI and chip designer AMD. The two entities aim to collaboratively develop AI data centers that will operate on AMD processors.
According to the agreement, OpenAI has pledged to buy AMD chips with a computing power equivalent to 6 gigawatts. The initial deployment of the first batch, consisting of chips with 1 gigawatt of computing power, is set to commence in the second half of 2026.
As a key aspect of this cooperation, AMD has issued a warrant to OpenAI, enabling the latter to purchase up to 160 million common shares. If OpenAI were to fully exercise this warrant, it could potentially gain an approximately 10% stake in AMD.
After the announcement of this partnership, AMD's stock price experienced a remarkable spike, soaring by over 25% during pre - market trading on Monday.