AMD shares zoom to 52-week high after multi-year OpenAI deal
AMD shares skyrocketed nearly 38 per cent to a 52-week high of $ 226.71 apiece on Monday, after the company announced a strategic partnership with AI behemoth OpenAI to deploy 6 gigawatts of AMD GPUs. The AI chip-supply deal includes warrant for OpenAI to purchase up to 10 per cent ni AMD at 1 cent…