The deal involves the development of 6 gigawatts of $AMD (+1,7 %) Instinct GPUs for AI, with OpenAI acquiring the right to purchase approximately 10% of AMD shares at a very low price, if the conditions of the agreement are met. The partnership is considered crucial for AMD's expansion into the rapidly growing artificial intelligence market.
AMD is expected to generate tens of billions of dollars in revenue over the next few years, approaching $100 billion within four years, thanks to the production and supply of its advanced GPUs that will power OpenAI’s data centers. The company, led by CEO Lisa Su, has already introduced new GPU series such as the MI350 and is designing new rack-scale infrastructures for high performance, aiming to directly compete with Nvidia in the AI hardware market.
AMD is not stopping there, as it has also expanded its partnerships with other players in the AI market, such as Cohere. With the ever-increasing demand for computing power in artificial intelligence, AMD is laying a solid foundation to become a giant in this field, offering high-performance solutions and reducing costs for customers like OpenAI. The agreement with OpenAI and AMD's dynamic future in the AI space is expected to attract strong investment interest, promoting the company to a new phase of its growth trajectory.
