OpenAI signs multibillion-dollar chip deal with AMD

<p>The deal offers the ChatGPT maker an opportunity to buy a 10% stake in chipmaker AMD </p><p><a href="https://www.theguardian.com/technology/openai">OpenAI</a> and the chipmaker AMD announced on Monday that they had signed a multibillion-dollar chip deal that would also give the <a href="https://www.theguardian.com/technology/chatgpt">ChatGPT</a> creator the option to buy a large stake in the chipmaker.</p><p>The deal offers OpenAI an opportunity to buy 10% in AMD and marks a major vote of confidence in the company’s <a href="https://www.theguardian.com/technology/artificialintelligenceai">AI</a> chips and software. Shares of AMD surged more than 30% and added about $80bn to its market capitalization after the announcement.</p> <a href="https://www.theguardian.com/technology/2025/oct/06/openai-chipmaker-amd-deal">Continue reading...</a>