AMD Stock Soars Post-FOMC OpenAI Partnership: Computing Power Arms Race Threatens Crypto Mining?
AMD shares skyrocket as OpenAI deal ignites market frenzy—just hours before Fed policy decision drops.
The Hardware Hunger Games
Advanced Micro Devices catapults 15% in pre-market trading after securing landmark AI infrastructure partnership with OpenAI. The timing—immediately preceding Federal Reserve meeting minutes—sends shockwaves through tech and crypto sectors alike.
Graphics processing units suddenly look like strategic military assets. Nvidia's already commanding 80% market share faces direct assault from AMD's new AI-optimized chipsets.
Crypto's Coming Compute Crunch?
Mining operations brace for hardware scarcity déjà vu. Remember 2021's Great GPU Famine? This could make that look like a Black Friday sale.
AI labs now compete directly with crypto miners for the same high-performance silicon. Both sectors crave exponential computing growth—but there's only so much TSMC can fabricate.
Wall Street's latest darling: companies selling picks during a compute gold rush. Because why mine crypto when you can sell shovels to both miners and AI researchers? Classic hedge fund logic—cover all bases while the retail crowd fights over scraps.
The real question: Will crypto adapt or get priced out of the hardware market entirely?
Why Is Wall Street Betting Big on AMD Over Nvidia?
AMD just gave OpenAI 160M shares for pennies so they can sell it off and give it back to AMD in exchange for their GPUs. We’re reaching levels of financial finesse that get you executed in places like China.
The deal instantly rippled across markets. The S&P 500 climbed to 6,740.28 and the Nasdaq Composite surged to 22,941.67, both notching fresh record closes. The Dow Jones Industrial Average slipped slightly, dragged by weakness in consumer data.
This was another chapter in the 2025 AI melt-up. Strategist Ed Yardeni raised his year-end S&P target to 7,000, calling it a “slow-motion melt-up,” while Evercore ISI’s Julian Emanuel maintained a bullish 7,750 projection for 2026.
Nvidia fell just over 1%, but few on Wall Street expect the company’s decade-long dominance to disappear overnight. Instead, analysts see AMD emerging as the critical second supplier for the global AI ecosystem.
OpenAI’s Expanding Chip Empire: What Does It Mean For Crypto?
According to FRED data, semiconductor manufacturing output in the United States ROSE +18.6% year-over-year as of Q3 2025, driven almost entirely by AI chip demand.
Moreover, DeFi Llama notes that blockchain-based cloud computing projects like Render and Akash Network have seen a +30% TVL surge in the same period, reflecting that decentralized compute alternatives are surging with the AI race.
The AMD deal comes just one week after OpenAI signed separate agreements with Samsung and SK Hynix to secure high-bandwidth memory chips, and a month after Oracle’s +35% stock jump on news of a new AI server contract with OpenAI. Combined, the moves signal a deliberate strategy to diversify beyond Nvidia.
“OpenAI’s MOVE to balance supply between AMD, Nvidia, and Asian partners is smart risk management,” said a semiconductor strategist at Baird.
.cwp-coin-chart svg path { stroke-width: 0.65 !important; }
Why the AI Trade Isn’t Cooling Off
Where are you at, anon?
- I should have bought BTC
- I should have bought ETH
- I should have bought OPEN
- I should have bought AMD
Thankfully, with AMD’s market 13 times smaller than Nvidia, there is still room to grow.
Nvidia’s products still dominate the market, but AMD’s Instinct GPUs and their CPUs have gained traction in recent months thanks to aggressive pricing and growing compatibility with OpenAI’s in-house frameworks. 99Bitcoins analysts will wait for a dip, but AMD clearly has long-term value potential.
Key Takeaways
- OpenAI has inked a multiyear deal with AMD (NASDAQ: AMD) for six gigawatts of GPU capacity to power its next generation of AI models.
- Thankfully, with AMD’s market 13 times smaller than Nvidia there is still room to grow.
