OpenAI, AMD sign multiyear deal for up to 6 GW of Instinct GPUs

OpenAI and chipmaker Advanced Micro Devices reached a definitive multiyear agreement on Monday under which OpenAI will deploy up to 6 gigawatts of AMD graphics processors over several years, with the first 1 gigawatt of capacity powered by AMD Instinct MI450 series GPUs scheduled to begin in the second half of 2026. The deal includes a performance-based warrant that could allow OpenAI to acquire up to 160 million shares of AMD common stock, a stake of roughly 10 percent if fully exercised.

Under the agreement, AMD will supply multiple generations of its Instinct GPU family and associated rack-scale systems to support OpenAI’s expanding AI infrastructure. OpenAI said the initial gigawatt deployment will be anchored at its Stargate facility in Abilene, Texas, with additional capacity planned at sites in New Mexico, Ohio and the Midwest. OpenAI chief executive Sam Altman said the company is facing acute constraints on compute capacity, adding, "We want it super fast, but it takes some time."

Company executives framed the pact as mutually validating. AMD chief executive Lisa Su described the arrangement as a validation of AMD’s technology roadmap, and AMD chief financial officer...