AMD(US:AMD) Yahoo Finance·2025-10-06 14:54Group 1 - AMD shares surged by 26.6% following a significant partnership with OpenAI, which comes after a similar deal between OpenAI and Nvidia [1][3] - The agreement involves OpenAI deploying 6 gigawatts of AMD GPUs over several years, starting with an initial 1 gigawatt deployment in the second half of next year [3][4] - OpenAI will receive a warrant for 160 million shares of AMD stock, potentially worth around $32 billion upon full conversion [4][6] Group 2 - The partnership positions AMD as a core compute partner for OpenAI, enhancing its credibility in the data center GPU market, where it has historically lagged behind Nvidia [5][6] - AMD anticipates that the deal will generate tens of billions of dollars in revenue and significantly boost its non-GAAP earnings per share [6][7] - OpenAI's commitment to AMD's Instinct GPUs serves as validation of their quality and performance in the AI sector [6]