Instinct MI450X GPUs

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AMD-OpenAI Mega Deal Ignites 77% Surge In This ETF
Benzinga· 2025-10-08 16:35
GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) is attracting new investor interest as Advanced Micro Devices Inc (NASDAQ:AMD) solidifies its place in the race for AI hardware with a blockbuster deal with OpenAI and potential foundry cooperation with Intel Corp (NASDAQ:INTC).AMDL ETF is up almost 12% today. Track real-time prices here.AMD’s new multi-year agreement with OpenAI can rake in more than $100 billion in revenue over the next four to six years, as the chipmaker is set to provide as much as six g ...
AMD's $100 Billion OpenAI Deal Could Supercharge AI Chip Growth, Analyst Says, Projecting Massive Earnings Boost By 2030
Benzinga· 2025-10-07 15:46
Advanced Micro Devices’ (NASDAQ:AMD) multi-year partnership with OpenAI could generate over $100 billion in revenue over the next four to six years, as the chipmaker prepares to supply up to six gigawatts of computing capacity using its next-generation Instinct MI450X GPUs starting in late 2026.The deal strengthens AMD’s position in the AI hardware race against Nvidia (NASDAQ:NVDA) and Broadcom (NASDAQ:AVGO), with OpenAI’s massive infrastructure buildout expected to drive demand across the broader semicondu ...