Stock Movers OpenAI-AMD Deal; Fifth Third Buys Comerica; Critical Metals Potential US Stake
Oct 6, 2025
AMD is making headlines with a lucrative deal to supply OpenAI with GPUs, potentially raking in billions. Meanwhile, Fifth Third Bancorp is set to acquire Comerica, creating a banking giant in the U.S. with significant assets. In a surprising twist, the U.S. government is considering investing in a rare earths mining project in Greenland, causing Critical Metals' shares to skyrocket. Each topic highlights the dynamic moves shaping the market and the tech landscape.
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Massive OpenAI-AMD GPU Supply Deal
- OpenAI agreed to purchase AMD processors totaling about six gigawatts, implying at least tens of billions in revenue for AMD.
- The deal could give OpenAI up to a roughly 10% stake via warrants tied to milestones and AMD stock performance.
Scale Of The GPU Commitment
- AMD will supply processors with total power consumption of six gigawatts, comparable to a country's average demand.
- The agreement helps AMD remain competitive in large-scale AI data center deployments versus NVIDIA and Intel.
Fifth Third’s Comerica Acquisition Details
- Fifth Third will buy Comerica in an all-stock deal valuing Comerica at $10.9 billion and creating the ninth-largest U.S. bank.
- Comerica shareholders receive 1.8663 Fifth Third shares, and post-deal Fifth Third shareholders will own about 73% of the combined company.