Advanced Micro Devices Inc

AMD

Advanced Micro Devices Inc

@philfischerflank
7 months ago

AMD's investment in OpenAI and warrant for OpenAI

What is interesting about this news:

  • AMD will supply chips to OpenAI (hundreds of thousands)

  • Deal includes warrant for OpenAI to buy up to 10% AMD stake at 1 cent per share (if this is true that's crazy, I couldn't verify it elsewhere becaus it's current news)

https://www.amd.com/en/newsroom/press-releases/2025-10-6-amd-and-openai-announce-strategic-partnership-to-d.html

https://www.reuters.com/business/amd-signs-ai-chip-supply-deal-with-openai-gives-it-option-take-10-stake-2025-10-06/