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AMD-OpenAI Seal Deal: Your Signal to Ride the Wave With AMD-Heavy ETFs
AMDAMD(US:AMD) ZACKS·2025-10-07 14:21

In a landmark move that sent shockwaves across the global tech sector, Advanced Micro Devices ((AMD) and OpenAI signed a strategic partnership, worth multi-billion dollars, on Oct. 6, 2025. This strategic agreement entails OpenAI deploying 6 gigawatts (GW) of computing power using AMD’s Instinct GPUs, in addition to including a warrant for OpenAI to acquire a stake of up to 10% in AMD. As one can imagine, this announcement sparked a significant surge in AMD’s share price, which soared almost 24% in the last ...