Fox Business Alert. A seismic shift in the AI arms race. AMD and OpenAI have reached a deal to deploy 6 gawatts of power for OpenAI's next generation AI infrastructure.All of it generated by hundreds upon hundreds of thousands of AMD's graphics processing units. So, just to put this into perspective, folks, 6 gawatt can power roughly 4 and a half million homes in the US. But this isn't just a, you know, we'll give you money and you give us chips deal.It involves AMD granting Open AAI an enormous number of s ...

Advanced Micro Devices (AMD) CEO Lisa Su says it's time for the tech world to think bigger about artificial intelligence. "I would say that's probably thinking too small," Su told Yahoo Finance on Monday when asked about concerns that massive AI investments may be getting ahead of themselves. "You have to really look at what the power of this technology can do for the world." Su said the company is "investing at the right pace because we want to accelerate ... this is a place where [and] when companies a ...

Shares of Advanced Micro Devices Inc., a U.S.-based semiconductor company, surged in premarket trading Monday morning after the U.S.-based semiconductor company announced a deal to provide computing power for OpenAI’s next-generation AI systems. The companies described the deal, announced on Monday, as a "win-win," saying it will enable very large-scale AI deployments and advance the entire ecosystem.AMD shares are up more than 35% as of 8:30 a.m. ET. AMD agreed to provide enough of its graphics processing ...

Shares of chipmaker AMD (AMD) soared in early trading on Monday after the company announced a multibillion-dollar deal with OpenAI (OPAI.PVT). The move will see AMD provide upward 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 tranches as AMD hits specific milestones. The tranche will vest wh ...

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 ...