Advanced Micro Devices strikes a definitive agreement with OpenAI to supply 6 gigawatts of GPUs, challenging Nvidia's dominance and granting OpenAI warrants for up to a 10% stake in the chipmaker.
Microsoft is addressing the severe AI data center shortage and fueling its internal and customer AI demand by investing over $33 billion in "neocloud" providers, shifting infrastructure strategy, and gaining crucial financial flexibility.
CoreWeave signed a huge $14.2B deal to supply Meta with Nvidia AI power, highlighting the high cost of the AI race.
Intel CEO Lip-Bu Tan is seeking partnerships with Apple and TSMC for investments or manufacturing, meeting with Tim Cook and C. C. Wei.
Wells Fargo significantly raised its rating and price target for CoreWeave, moving the stock to Overweight and citing "multiple" factors that signal strong growth potential.
OpenAI and NVIDIA struck a huge deal: 10 GW of NVIDIA AI systems powered by up to a $100 billion investment. This massive project, starting in 2026, aims to deploy superintelligence and build the AI economy of the future.
