Nvidia's stock recovers after an initial dip as rival AMD announces a major AI chip deal with OpenAI. Explore the market ...

The deal calls for OpenAI to establish 6 gigawatts of computing capacity using AMD’s chips over the next several years. Those ...

The Altimeter Capital founder said the deals provide "more evidence that the world will remain compute-constrained." ...

Advanced Micro Devices is a significant underdog to Nvidia in the market for AI chips. But it’s no longer priced like one.

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 ...

The five-year deal will commit OpenAI to purchasing six gigawatts worth of AMD’s GPUs for its AI data centers.

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OpenAI’s six-gigawatt pact with AMD turns the perennial runner-up into a real contender — and could quietly rewrite AI’s ...

Advanced Micro Devices (AMD) is maintaining its share gains late Monday morning after announcing an AI chip partnership with ...

Weeks after a $100 billion agreement to use computer chips from Nvidia, OpenAI has signed a similar deal with a rival ...

The deal calls for AMD to issue OpenAI a warrant for up to 160 million shares of AMD common stock that would vest as specific ...

The deal represents a major win for AMD in its battle against GPU leader Nvidia, and shows how OpenAI is racing to secure the ...