In October 2025, OpenAI and $Advanced Micro Devices(AMD)$ announced a strategic partnership that not only secures OpenAI’s future AI chip supply but also allows AMD to reclaim a leading voice in the AI chip race.
According to the joint statement, OpenAI will deploy up to 6 gigawatts of AMD’s AI computing power and may acquire up to 10% of AMD’s equity in stages.
The entire authorization structure is tied to procurement milestones and AMD’s stock performance, with the highest tier of stock options set at $600 per share, implying a market capitalization of around $1 trillion.
This partnership represents more than a supply agreement — it’s a value bet on the future landscape of the AI industry.
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