AMD shoots more than 23% after the chips billionaire agreement with Openai

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By TP

The actions of AMD They have shot 23.71% after knowing that OpenAI He has agreed to buy company chips worth billions of dollars. At the moment, both companies They have not facilitated total figure in dollars for the transaction. «This association is an important step in creating the computational capacity necessary to achieve all the potential of the AI«said Openai’s executive director, Sam Altman, who added that» AMD’s leadership in high performance chips will allow us Accelerate progress and bring the benefits of advanced AI to all more quickly. «For her part, AMD’s executive director, has her, has assured that this creates» a true situation in which everyone winsallowing the development of the most ambitious in the world and the advance of the entire ecosystem of AI «. Meanwhile, Jean Hu, Financiero de AMD, has affirmed that» this agreement generates a important strategic alignment and value for shareholdersboth for AMD and Openai «. Specifically, the agreement compromises OpenAi to buy next Mi450 of AMD, its Most advanced chip and whose launch is scheduled for the second half of next year. With this, OpenAI will deploy 6 gigawatts of AMD Instinct Graphic Processing Units over several years and in several generations of hardware. This announcement is expected to generate, as progress, tens of billions of dollars in annual income By AI for AMD, while accelerating the development of OpenAi infrastructure. In addition, Openai could buy chips directly or rent them through an external cloud company. Within the agreement, the possibility of taking a participation of approximately 10% in the chips manufacturer of 270,000 million dollars.

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