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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST
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From: Sam10/6/2025 7:35:21 AM
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Julius Wong
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Ignore the price in the quote below--AMD up around 25% on this deal to around $204! Whew, this market is crazy!

Advanced Micro Devices, OpenAI Sign Deal for AMD GPUs Deployment

MT NEWSWIRES 7:28 AM ET 10/6/2025

AMD 164.67 0 (0%)
MSFT 517.35 0 (0%)
QUOTES AS OF 04:00:00 PM ET 10/03/2025
Symbol Last Price Change

07:28 AM EDT, 10/06/2025 (MT Newswires) -- Advanced Micro Devices(AMD) will supply Microsoft(MSFT) -backed OpenAI with 6 gigawatts of graphics processing units as part of a multiyear deal, the companies said Monday.

The first 1 gigawatt supply of AMD's Instinct MI450 GPUs will start in H2 2026, according to the joint statement.

The companies said that AMD has issued OpenAI a warrant for up to 160 million AMD common shares, structured to vest upon the achievement of certain milestones, including specific share-price targets.

The first tranche will vest with the preliminary 1 gigawatt deployment, with additional tranches due to vest as purchases reach up to 6 gigawatts, the companies said.

Microsoft (MSFT) has a long-standing partnership with OpenAI, starting with a $1 billion investment in 2019.

Advanced Micro Devices' (AMD) shares were up 25% in recent Monday premarket activity
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