Bloomberg Businessweek AMD Inks Chip Deal With OpenAI That Triggers Explosive Rally
Oct 6, 2025
Ed Ludlow reports from OpenAI's Developer Day, dissecting AMD's groundbreaking deal to build AI infrastructure, which skyrockets its shares by 24%. Mandeep Singh analyzes the competitive landscape against Nvidia and the implications of OpenAI diversifying its chip suppliers. Rick Welts, CEO of the Dallas Mavericks, shifts focus to the NBA's ever-evolving business model, discussing private equity’s vital role and the impact of sports betting on fan engagement. Tune in for insights on tech, sports, and market dynamics!
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Deal Is Big But Contingent On OpenAI Funding
- The AMD–OpenAI pact ties AMD to a high-stakes AI market and could deliver tens of billions in revenue if OpenAI funds the build-out.
- Uncertainty remains because OpenAI must finance large upfront capital and meet operational milestones before equity transfers occur.
ChatGPT As An App Platform
- OpenAI is positioning ChatGPT as an operating system that integrates third-party apps via simple API access.
- That model can drive heavy usage and open new revenue channels if developers build and consumers adopt those integrations.
OpenAI Mentions Move Public Stocks
- Market moves are often driven by association with OpenAI announcements rather than direct fundamentals.
- Public companies mentioned at OpenAI events can see immediate stock reactions from hoped-for revenue links.