OpenAI’s AMD Deal Makes Investors Giddy, But Can They Handle the Ride?

The winds of fortune keep blowing through the artificial intelligence (AI) and high-performance computing (HPC) sectors, and OpenAI is the latest to hitch its wagon to the rocket. The company has inked a deal to buy tens of billions of dollars worth of AMD chips, making some executives look like they just hit the jackpot. According to the Financial Times, OpenAI might even acquire up to a 10% stake in AMD. AMD’s shares are now dancing up 30%, currently trading around $225. Oh, sweet, sweet market drama.







