OpenAI’s Mega-Deals with Nvidia & AMD Spark a $1 Trillion AI Frenzy
OpenAI signed deals in late 2025 to secure 16 GW of AI computing power from Nvidia and AMD, fueling a $1 trillion infrastructure boom. Nvidia pledged up to $100 billion and direct GPU supply, while AMD granted OpenAI warrants for up to 10% equity. AMD shares jumped over 30% after the announcement; Nvidia dipped 2%. The agreements add to a complex network of multi-billion-dollar AI alliances.