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AMD announces major partnership with OpenAI for AI computing infrastructure

1. AMD partners with OpenAI for next-gen AI systems. 2. Deal anticipated to generate tens of billions in revenue for AMD. 3. Phase one starts in 2026, requiring 1 gigawatt of computing power. 4. AMD's MI450 GPU will be used in OpenAI's infrastructure. 5. AMD shares surged over 35% in premarket trading.

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FAQ

Why Very Bullish?

The deal's projected revenue and strong market response signify a major positive impact, similar to significant partnerships seen by Nvidia.

How important is it?

The partnership is a significant strategic move in the AI sector, directly enhancing AMD's market position and revenue potential.

Why Long Term?

The partnership will unfold over multiple phases, indicating sustained benefits as AI adoption grows.

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