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1 Unexpected ETF to Buy Now If You Want to Play the OpenAI Rally in AMD Stock
Yahoo Finance· 2025-10-09 16:48
OpenAI’s new deal with Advanced Micro Devices (AMD) looks to be a game-changing event for the semiconductor company. Long living in the shadow of its mammoth competitor, Nvidia (NVDA), AMD got a shot in the arm on Monday when the company announced a deal to outfit generations of OpenAI infrastructure with AMD’s graphics processing units (GPUs). The deal calls for OpenAI, the maker of ChatGPT, to purchase 6 gigawatts of GPUs, starting with 1 GW of AMD Instinct MI450 GPUs to begin in the second half of 2026 ...