Wall Street’s main indices opened flat on Monday as AMD’s new chip-supply partnership with OpenAI added to the growing list of AI deals, helping to offset concerns about a prolonged federal government shutdown.

In the early hours of trading, Dow Jones Industrial Average rose by 17.8 points, or 0.04%, opening at 46,776.04. S&P 500 gained 18.1 points, or 0.27%, to open at 6,733.86, while the Nasdaq Composite climbed 113.8 points, or 0.50%, reaching 22,894.35.

AMD and OpenAI partnership

AMD announced on Monday that it has entered into a multi-year deal to supply artificial intelligence chips to OpenAI.

The deal will see AMD provide hundreds of thousands of its AI chips, or graphics processing units (GPUs), to OpenAI over several years, starting in the second half of 2026.

The depl

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