Shares of chipmaker AMD (AMD) soared in pre-market trading on Monday after the company announced a multi-billion deal with OpenAI (OPAI.PVT). The move will see AMD provide upwards of 6 gigawatts of GPUs to the AI juggernaut over several generations starting with its MI450 chips in the second half of 2026. As part of the deal, OpenAI will take a stake in AMD worth up to 160 million shares, or roughly 10% of the company. Shares will vest in traunches as AMD hits specific milestones. The traunch will vest wh ...