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AMD issues stock to fund OpenAI AI chip supply deal
AMD’s stock-financed AI chip deal with OpenAI strengthens its data-center presence and receives positive analyst attention.
AMD will issue 160 million warrants to OpenAI at $0.01 per share to finance its multi-year AI chip supply agreement, a move expected to generate significant revenue. Analysts view the transaction as disciplined capital deployment amid surging AI infrastructure demand. While the issuance causes mild dilution, it reinforces AMD’s leadership in data-center AI computing. Jefferies upgraded AMD stock, citing improved revenue visibility and strategic positioning in the fast-growing AI semiconductor market.