重磅！OpenAI与AMD达成历史性战略合作，签百亿订单，AMD股价飙升25%

Core Insights - OpenAI and AMD have announced a groundbreaking strategic partnership to deploy a total of 6 gigawatts (60 billion watts) of AMD GPU computing power over the next few years, marking a new phase in global AI infrastructure development and significantly impacting the AI chip market competition landscape [1][6]. Partnership Details - The collaboration will utilize a multi-year, multi-generation product deployment model, with the expansion of OpenAI's computing power set to officially begin in the second half of 2026, starting with an initial deployment of 1 gigawatt (10 billion watts) based on the AMD Instinct MI450 series GPUs [3]. - This partnership aims to create a continuous iterative computing support system, leveraging AMD's next-generation AI acceleration products alongside rack-mounted AI solutions, enhancing the synergy between hardware and software since the MI300X and MI350X series [3]. Equity and Financial Implications - AMD has granted OpenAI warrants to purchase up to 160 million shares of common stock, potentially giving OpenAI approximately 10% ownership in AMD if fully exercised. The exercise of these warrants is tied to specific milestones, including AMD's stock price reaching $600, while the current closing price is $164.67, with an exercise price as low as $0.01 [5][6]. - This profit-sharing mechanism is expected to align the strategic goals of both companies, fostering a long-term stable cooperative ecosystem. AMD's CEO highlighted the collaboration as a true win-win, supporting ambitious global AI initiatives and advancing the entire AI ecosystem [5][6]. Market Impact - Following the announcement, AMD's stock price surged over 35% in pre-market trading, reaching a high of $207, indicating strong market confidence in the partnership's prospects [6]. - This collaboration not only provides AMD with a flagship customer endorsement for its AI chip technology but also helps OpenAI diversify its computing supply chain, reducing reliance on a single supplier. This follows OpenAI's recent agreement with NVIDIA for 10 gigawatts of computing power, further enhancing its diversified computing strategy [6]. Industry Implications - The strategic partnership, valued at hundreds of billions of dollars, represents AMD's strong challenge in the AI accelerator market and is a significant step for OpenAI in building a trillion-dollar computing infrastructure. It signals the emergence of a deep cyclical "closed-loop economy" model in AI, which is expected to profoundly influence the development trajectory of the global AI industry [6].