So OpenAI just casually signed nearly a trillion dollars worth of deals, and honestly? It’s like watching someone buy every house on the Monopoly board while everyone else is still trying to pass Go.
Here’s what went down: Sam Altman and the ChatGPT crew have been on an absolute shopping spree that would make even the most dedicated Black Friday warrior jealous. We’re talking:
- $300 billion with Oracle (starting 2027, because why rush?)
- $100 billion with NVIDIA (the usual suspects)
- $11.9 billion with CoreWeave
- $10 billion with Broadcom
- And a casual $500 billion “Stargate Project” with Oracle and SoftBank
But here’s where it gets spicy: AMD just jumped into the party with their own multibillion-dollar deal, and their stock shot up 20% faster than you can say “artificial intelligence.”
The AMD Plot Twist
AMD basically said “Hey OpenAI, we’ll give you six gigawatts of computing power, AND we’ll let you buy 10% of our company for a penny per share.” Which sounds insane until you realize there’s a catch – those shares only unlock if AMD’s stock hits $600 (it’s currently around $200).
It’s like offering someone your car for free, but only if they can prove they’re fast enough to drive in Formula 1. Clever, right?
Why would AMD do this? Simple: they just got a $33 billion endorsement from the hottest AI company on the planet, and their market cap jumped by $100 billion in response. Sometimes you gotta spend money to make money – except in this case, they might make money by potentially spending money later. Finance is weird like that.
The Real Game Here
What’s fascinating is how these tech giants can’t decide if they’re best friends or mortal enemies. One day they’re competing for market share, the next they’re signing partnership deals worth more than most countries’ GDP.
OpenAI is basically building the AI equivalent of OPEC – except instead of controlling oil, they’re controlling the computing power that runs our digital future. And honestly? It’s working.
NVIDIA is still the king of this castle (their stock grading remains stronger than AMD’s), but AMD just bought themselves a seat at the cool kids’ table. Whether they can stay there depends on hitting some pretty ambitious targets.
What This Means for You
If you’re wondering which horse to bet on, NVIDIA still looks like the safer play. They’ve got the track record, the institutional support, and basically every AI model on Earth running on their chips.
But AMD? They just proved they’re not going down without a fight. This deal gives them credibility and a real shot at breaking NVIDIA’s stranglehold on AI computing.
The bottom line: we’re watching the formation of an AI oligarchy worth nearly a trillion dollars. Whether that’s exciting or terrifying probably depends on how much tech stock you own.
Either way, grab some popcorn. This AI arms race is just getting started.