US stocks tick toward records as AMD deal with OpenAI creates buzz

AMD helped lead the market and soared 26.9% after announcing a deal where OpenAI will use its chips to power artificial-intelligence infrastructure. As part of the deal, OpenAI could own up to 160 million shares of AMD if it hits certain milestones.

via: https://abc7.com/post/us-stocks-tick-records-amd-deal-openai-support-artificial-intelligence-infrastructure-leads/17951277/