OpenAI Plans Massive 6-GW AMD GPU Deployment, Gains 10% Stake

OpenAI has entered a landmark multi-year partnership with AMD, agreeing to deploy 6 gigawatts of AMD's upcoming Instinct MI450 GPUs starting with a 1-gigawatt rollout in the second half of 2026. As part of the deal, OpenAI may acquire up to a 10% stake in AMD through warrants tied to milestones, signaling a major validation for AMD's AI chip strategy and potentially generating tens of billions in revenue. The agreement reflects OpenAI's urgent need for massive computational power to scale AI capabilities, with CEO Greg Brockman emphasizing the centrality of this compute capacity to their mission. AMD CEO Lisa Su highlighted the deal as a milestone for both companies and the AI industry, underscoring the critical shortage of compute resources amid soaring AI demand. While the deal has significantly boosted AMD's stock price, some analysts caution that the financial benefits hinge on AMD meeting technical and commercial milestones, with uncertainties around the exact chip shipments and timelines. This partnership situates OpenAI as one of AMD's largest customers and exemplifies OpenAI's broader efforts to build extensive AI infrastructure, including commitments for computing power from other providers like Oracle.