Nvidia's stock recovers after an initial dip as rival AMD announces a major AI chip deal with OpenAI. Explore the market reaction and the escalating battle for GPU supremacy in our latest analysis.
Investor Brad Gerstner said OpenAI's deals with Nvidia and AMD are purely announcements, not deployments. The Altimeter Capital founder said that "Ultimately, the best chips will win." Gerstner said ...
Advanced Micro Devices is a significant underdog to Nvidia in the market for AI chips. But it’s no longer priced like one. The chip maker better known as AMD saw its stock price soar 24% Monday ...
The deal opens the door for OpenAI to own a 10% stake in AMD. However, CEO Sam Altman says his company is still committed to buying GPUs from longtime partner Nvidia.
The deal is a huge shot in the arm for AMD, which has been playing second fiddle to Nvidia in the GPU game for the last several years. While Nvidia's stock is up over 1,300% in the last three years as ...
The deal calls for OpenAI to establish 6 gigawatts of computing capacity using AMD’s chips over the next several years. Those chips are the most direct competitor to Nvidia’s AI processors that ...
OpenAI didn’t break up with Nvidia; it opened the relationship. AMD just got invited to the family dinner — not as a fling, but as another long-term partner. Call the relationship a hedge or heresy, ...
There is, however, a loophole or two that enable investors to leverage OpenAI’s growing list of publicly traded business partners and buy their shares of stock. Which OpenAI-linked stocks make the ...
AMD announced a long-term partnership with OpenAI on Monday that will make it one of the startup’s key chip suppliers for running its AI models. The company’s stock jumped 28% in midday trading on the ...
Nvidia has only attained household name status recently, but it’s the opposite of an overnight success. For decades, the company was mostly known for designing graphics processor units, or GPUs, for ...
Weeks after a $100 billion agreement to use computer chips from Nvidia, OpenAI has signed a similar deal with a rival chipmaker.
Chipmaker AMD's 6 gigawatt GPU deal marks its first major victory against Nvidia's dominance, but software remains a stubborn problem ...