AMD (AMD) stock surged nearly 24% on Monday after the company announced a partnership with OpenAI, which could give the ChatGPT maker a 10% stake in the semiconductor giant. OpenAI will deploy six gigawatts of AMD's Instinct graphics processing units (GPUs) over several years, starting with a 1-gigawatt rollout in late 2026. The agreement positions AMD as a core strategic partner to OpenAI, marking one of the largest GPU deployment deals in the AI industry. As part of the deal, AMD issued OpenAI a warrant ...