OpenAI Looks to Take 10 Percent Stake in AMD Through AI Chip Deal

Daring Fireball
By John GruberOct 6, 2025, 12:50 pm236 pts
MacKenzie Sigalos, CNBC: OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman’s company take a 10% stake in the chipmaker. AMD stock skyrocketed more than 30% on Monday following the news. OpenAI will deploy 6 gigawatts of AMD’s Instinct graphics processing units over multiple years…

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