6 October 2025 U.S. Semiconductors Advanced Micro Devices (AMD): OpenAI's tide lifts another boat? How could it go wrong? It should be noted that the chips in question do not exist yet. AMD has never built racks. They have certainly never deployed anything at this scale before. And the warrants will likely continue to fuel the "circular" concerns that have been building in the space lately (and in this case it feels even more roundabout than NVDA's deal, at least they are receiving OpenAI stock for their ca ...