AMD(US:AMD) Zhi Tong Cai Jing·2025-10-08 14:11Core Insights - AMD's stock rose nearly 5% to $221.94 following the announcement of a multi-year, multi-billion dollar chip supply agreement with OpenAI [1] - The agreement involves OpenAI deploying a total of 6 gigawatts (GW) of AMD GPU computing power over the coming years [1] - OpenAI is expected to purchase up to 10% of AMD's shares as part of the partnership, indicating a deepening collaboration [1] Industry Impact - This partnership reshapes the competitive landscape of the AI chip market, where NVIDIA has been the dominant player [1] - AMD's recognition by a top-tier client like OpenAI marks a significant milestone for the company in the AI accelerator market [1] - OpenAI's strategic move to diversify its computing resources aligns with its ambitious vision for Artificial General Intelligence (AGI) [1]