Wall Street analysts explain how AMD’s own stock will pay for OpenAI’s billions in chip purchases

business • 10/7/2025

AMD's unusual deal to finance OpenAI's chip purchases could grant the AI model maker up to $100 billion, analyst estimates.

After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so. To recap: OpenAI has agreed to help AMD refine its line ... [2758 chars]