OpenAI just gave AMD a big boost in the AI chip wars
1. AMD partners with OpenAI for multi-billion-dollar AI chip supply. 2. OpenAI to deploy 6 gigawatts of AMD GPUs starting mid-2026. 3. Partnership strengthens AMD's competitive position against Nvidia. 4. OpenAI may acquire a 10% stake in AMD based on performance. 5. AMD's share price surged nearly 27% in premarket trading.