Reported 2 days ago
Nvidia, Broadcom, and AMD have secured deals to supply chips to OpenAI, which requires significant computing power for its ongoing projects. Nvidia stands out as the likely biggest winner, committing to invest up to $100 billion in OpenAI's infrastructure and ensuring the deployment of its powerful GPUs. AMD will provide six gigawatts of chips and could eventually hold 10% equity in the company, while Broadcom will co-develop systems with OpenAI's specific chip designs. All three companies are poised for revenue growth due to rising demand for AI technology.
Source: YAHOO