$AMD(AMD.US) AMD and OpenAI are both racing towards trillion-dollar valuations. A few months ago, the two companies signed a bet, and now they are in the final stage of mutual commitment: OpenAI will deploy up to 6GW of AMD Instinct series GPUs in phases, with the first 1GW batch expected to start in the second half of 2026; in return, AMD will grant OpenAI up to 160M equity subscription rights (approximately 10%), linked to delivery/market cap milestones. The market reacted strongly to this deal, bringing a lot of upside potential, but it also comes with significant dilution, execution, and infrastructure risks.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
