AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge
SAN FRANCISCO, Nov 3 : Advanced Micro Devices' strategy of offering stakes in its future success to major AI customers OpenAI and Meta Platforms in exchange for big chip commitments is beginning to leave a sizeable imprint on its profits.AMD in February agreed to sell up to $60 billion worth of AI chips to Me
4 Nov 02:12 · CNA