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NASDAQ 100

AMD–OpenAI $100B+ GPU Deal Challenges Nvidia Dominance


AMD’s landmark deal with OpenAI — deploying 6 GW of GPUs and issuing up to 160 M warrants (10% stake) — signals a seismic shift in AI infrastructure. Execution depends on OpenAI’s revenue trajectory.
Key Levels: Support 24,519.3 | Resistance 24,868.0
Investor Takeaway: RSI at 34 (extreme oversold) with aggressive downward convergence and strong MACD selling pressures; transformative deal potential tempered by execution risk.