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As OpenAI Diversifies Beyond Nvidia, AMD Stock May Have Just Gained a Massive Catalyst

Key Points OpenAI agreed to purchase several generations' worth of GPUs from AMD. The deal includes warrants for OpenAI to acquire up to 160 million shares of AMD stock. 10 stocks we like better than Advanced Micro Devices › Advanced Micro Devices (NASDAQ: AMD) stock was up more than 25% in early trading on Monday after the semiconductor company announced a massive deal with ChatGPT owner OpenAI. The deal calls for OpenAI to take a 10% stake in AMD, worth up to 160 million shares, and will have AMD ...