AMD and OpenAI Strike Massive Partnership Deal Worth Tens of Billions as OpenAI Commits to 6 Gigawatts of AMD GPUs
Summary
AMD and OpenAI announce a massive partnership deal where OpenAI commits to deploying 6 gigawatts of AMD GPUs starting in 2026, with AMD issuing warrants for up to 160 million shares and expecting tens of billions in revenue from the strategic alliance.
Key Points
- AMD and OpenAI announce a strategic partnership for OpenAI to deploy 6 gigawatts of AMD GPUs across multiple generations, with the first 1 gigawatt deployment of AMD Instinct MI450 GPUs beginning in the second half of 2026
- AMD issues OpenAI a warrant for up to 160 million shares of AMD common stock, structured to vest as specific deployment milestones are achieved and tied to share-price targets and technical milestones
- The partnership is expected to deliver tens of billions of dollars in revenue for AMD and be highly accretive to AMD's non-GAAP earnings-per-share while enabling large-scale AI infrastructure buildout