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Tag: AMD

An AMD logo and a computer motherboard appear in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration

AMD signs AI chip-supply deal with OpenAI, shares surge over 34%

AMD will supply AI chips to OpenAI in a multi-year deal that would give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.

Read More AMD signs AI chip-supply deal with OpenAI, shares surge over 34%
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Nvidia to invest $100 billion in OpenAI, linking two artificial intelligence titans

Nvidia will invest up to $100 billion in OpenAI and supply it with data center chips, marking a tie-up between two of the highest-profile players in the global AI race.

Read More Nvidia to invest $100 billion in OpenAI, linking two artificial intelligence titans
The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. REUTERS/Tyrone Siu/File Photo

Nvidia, AMD to pay 15% of China chip sale revenue to US, official says

Nvidia and AMD have agreed to give the U.S. government 15% of revenue from sales to China of advanced computer chips in an unusual move likely to faze American companies.

Read More Nvidia, AMD to pay 15% of China chip sale revenue to US, official says
NEW YORK, NEW YORK - APRIL 29: Traders work on the floor of the New York Stock Exchange during morning trading on April 29, 2024 in New York City. Stocks opened high Monday morning amid a Federal Reserve rate decision and the monthly jobs report later this week. (Photo by Michael M. Santiago/Getty Images)

S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge

The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.

Read More S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File photo

AMD launches new AI chips to take on leader Nvidia

AMD unveiled its latest artificial intelligence processors and detailed its plan to develop AI chips in a bid to challenge industry leader Nvidia.

Read More AMD launches new AI chips to take on leader Nvidia
Nvidia's Grace Hopper superchips are displayed at Gigabyte during COMPUTEX Taipei, one of the world's largest computer and technology trade shows, in Taipei, Taiwan May 30, 2023. REUTERS/Ann Wang/File Photo

Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources

Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others.

Read More Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources
A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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