AMD Stock Skyrockets 30 as OpenAI Looks to Take Stake in AI Chipmaker
The chipmaker's shares skyrocketed 30% after OpenAI announced a deal to take a 10% stake in AMD, deploying up to 6 gigawatts of AMD's Instinct GPUs over multiple years. The partnership, described by OpenAI President Greg Brockman as 'core to our mission,' aims to scale the enterprise and sovereign A...
