OpenAI's AMD, Nvidia Deals Are Huge, But Execution Is Key, Says Brad Gerstner
1. AMD partners with OpenAI for 6 gigawatts of GPU power deployment. 2. Rolling out begins in late 2026; first phase involves 1 gigawatt. 3. The partnership could generate significant revenue, tens of billions estimated. 4. AMD stock surged by almost 4% in premarket trading following the announcement. 5. Investor cautions that agreements remain announcements until actual deployment.