AMD(US:AMD) Zhong Jin Zai Xian·2025-10-07 00:28Core Viewpoint - OpenAI has announced a partnership with AMD to deploy a total of 6 gigawatts (GW) of AMD GPU computing power, marking a significant move in the AI infrastructure space and reducing reliance on Nvidia [1][2]. Group 1: Partnership Details - The collaboration will utilize multiple generations of AMD Instinct GPUs, with the first 1 GW deployment scheduled to begin in the second half of 2026 [1]. - AMD will issue warrants for up to 160 million shares of AMD common stock to OpenAI, with the first portion unlocking upon the completion of the initial 1 GW deployment [1]. - The warrants' vesting conditions are tied to AMD's stock price targets and OpenAI's achievement of technical and commercialization milestones [1]. Group 2: Financial Implications - AMD anticipates that the partnership will yield significant revenue starting next year, accelerating further by 2027, and potentially driving AI business revenue beyond $100 billion [2]. - The collaboration is seen as a strategic move for OpenAI to create an alternative to Nvidia's dominance in the market, as a substantial portion of OpenAI's budget is currently allocated to Nvidia technology [2]. Group 3: Industry Impact - The agreement reflects the growing demand for high-energy AI tools and aims to alleviate supply chain pressures within the industry [1]. - Analysts express concerns regarding the sustainability of the current expansion pace in the tech sector, suggesting that any weakening in the supply chain could pose risks to the internal dynamics among companies involved [2].