Famed Short-Seller Jim Chanos Questions AMD's Revenue Forecast Following OpenAI Deal: 'Shouldn't This Deal Bring In More… For $AMD?' - Advanced Micro Devices (NASDAQ:AMD)
Renowned short-seller Jim Chanos has publicly questioned the financial benefits of the landmark partnership between Advanced Micro Devices Inc. (NASDAQ:AMD) and OpenAI, suggesting the deal may not be as lucrative for AMD as it appears.In a series of social media posts, Chanos scrutinized the deal’s structure, where AMD is set to receive “tens of billions of dollars in revenue” while providing OpenAI with equity warrants of a similar potential value.Check out AMD’s stock price here.Is The AMD-OpenAI Trade-Of ...