AMD said Monday that it has reached a deal to supply OpenAI with hundreds of thousands of AI chips and offered the firm a potential 10% stake in the company. Shares in AMD soared 27% Monday morning, adding nearly $80 billion to the firm’s market cap as investors cheered the firm’s addition as one of OpenAI’s key computing partners.The deployment agreement covers a whopping six gigawatts – enough to power 5 million US households – over several years beginning in the second half of 2026. 3 AMD said Monday t ...