Brad Gerstner on OpenAI’s dealmaking with AMD, Nvidia: ‘The best chips will win’
Brad Gerstner, Altimeter Founder and CEO, speaks at the Delivering Alpha conference in New York City on Sept. 28, 2023.Adam ...
Tag: AMD
AMD signs AI chip-supply deal with OpenAI, shares surge 34%
AMD said on Monday it will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in ...
AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker
OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman's company take a 10% stake in ...
What Trump’s Nvidia and AMD China deal means for the world
Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the U.S. government, the ...
Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Florence ...
Elon Musk says Tesla, xAI expect to keep buying chips from Nvidia and AMD
Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas.CNBCElon Musk said Tuesday that he expects Tesla and xAI ...
AMD announces $6 billion buyback; shares climb 8%
AMD said on Wednesday that its board of directors approved $6 billion in share buybacks. The stock climbed 8%.The authorization ...
AMD expects $800 million hit from U.S. chip restrictions on China
Lisa Su, CEO of AMD, attends the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 10, 2025.Benoit ...
Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, ...
AMD shares drop 7% on disappointing data center revenue
Lisa Su, chair and CEO of Advanced Micro Devices Inc., during the AMD Advancing AI event in San Jose, California, ...
