Increase AMD shares on a deal to supply artificial intelligence chips to Openai | Technology news

The Cathgpt Creator also gives the option to buy up to 10 percent of AMD.

The USMD chip maker AMD will provide Openai’s artificial intelligence chips in a multi -year deal that brings tens of billions of dollars in annual revenue and give Chatgpt Carter

The shares of the chips maker increased by more than 34 percent on Monday when the deal was announced, and put it on the right track for the largest gains for one day in more than nine years and the addition of approximately 80 billion dollars to the company’s market value.

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The deal, the latest in a series of investment obligations, confirms OpenAi and the broader AI industry appetite for power as companies are racing towards developing artificial intelligence technology that meets or transcends human intelligence.

“We consider this deal definitely transformative, not only for AMD, but for industry dynamics,” AMD Forest Normoud, CEO of November told Reuters.

The deal helps to “check technology health”

The agreement closely connects the starting start at the Boom AI Center to AMD, one of the most powerful NVIDIA competitors, who recently agreed to make significant investments in Openai.

Analysts said that it was a major vote on confidence in the AMD chips and software from AMD, but NVIDIA’s hegemony is unlikely to weaken, as the market leader continues to sell all Amnesty International chips that can make it.

AMD executive officials expect that net tens of billions of dollars in annual revenue. They said that due to the impact of the ripples on the agreement, AMD expects to obtain more than $ 100 billion in new revenues over four years of Openai and other agents.

The chip maker is expected to reach revenue of $ 32.78 billion this year, according to LSEG data. In contrast, analysts expect NVIDIA to report revenues of $ 206.26 billion for the current fiscal year.

“The AMD has really delayed NVIDIA for some time. So I think it is helping to verify the authenticity of its technology,” said Leah Bennett, the largest investment strategy in the management of the simultaneous assets.

NVIDIA shares decreased more than 1 percent.

Openai Sam Altman CEO said that the AMD deal will help start it in building enough infrastructure for Amnesty International to meet its needs.

It was not immediately clear how Openai would finance the huge deal.

Openai, whose value is estimated at $ 500 billion, has achieved about $ 4.3 billion of revenues in the first half of 2025 and burned $ 2.5 billion in cash, according to media reports.

In September, NVIDIA announced a deal to supply Openai with at least 10 GB of its systems.

In contrast to the start starting deal with AMD, it will take a stake in the chips maker, NVIDIA will invest $ 100 billion in the father Under the terms of the agreement announced in September.

Dan Cutsworth, head of markets at AJ Bell, said that obtaining a stake in AMD can give Openai “the ability to influence the company’s strategy.

Openai has worked with AMD for years, as she presented inputs on the design of old generations of artificial intelligence chips.

The main Startup and Backer, Microsoft, announced last month that it signed an unrelated agreement to restructure Openai in a profit entity.

A person familiar with the matter said that the deal with AMD does not change any of the continuous Openai account plans, including this effort or its partnership with Microsoft.