OpenAI's investment in Advanced Micro Devices announced Monday is the latest deal to reignite enthusiasm around the AI investing trend, sparking a huge rally in shares of the chipmaker involved. But some analysts and investors have been raising eyebrows at the kinds of deals being hatched, seeing similarities to the vendor financing agreements that happened in the latter stages of the Dotcom Bubble. The buzzy ChatGPT startup could end up with a 10% stake in AMD under the agreement. OpenAI will deploy as many as 6 gigawats of AMD Instinct graphics processing units over a multiyear period. AMD issued a warrant to OpenAI for up to 160 million shares. Shares of AMD soared more than 30% in early trading on Monday, while well-known competitor Nvidia ticked down nearly 2%. The AMD deal comes just
Another mark-moving AI chip deal: Reason to buy or is this just more 'money going in a circle'?

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