From CRN: AMD’s stock price increased by more than 30 percent in pre-market trading Monday after the company announced this morning a “multi-year, multi-generation” partnership with OpenAI that will see the ChatGPT maker deploy 6 gigawatts of Instinct GPUs.
AMD Chair and CEO Lisa Su called the deal “a major inflection point for us” in a Monday morning webcast and said it will generate “tens of billions of dollars over the next number of years” as the Instinct GPU deployment begins in late 2026 and expands from there.
“This unique structure tightly aligns OpenAI and AMD, driving significant revenue and earnings growth for AMD, while allowing OpenAI to accelerate their AI build-out and share directly in the upside of our mutual success,” she said.
The new partnership represents a significantly expanded relationship between the two companies after Su named OpenAI a “very early design partner” for AMD’s Instinct MI450GPU at her Advancing AI keynote in June.
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