AMD shares fell 2.9% after OpenAI signaled it may postpone its IPO from 2026 to 2027 to chase a $1 trillion（約160兆円） valuation. The concern is that a delayed IPO would push back OpenAI's cash windfall that it might otherwise spend on AI computing chips. However, OpenAI has already committed to buying tens of billions of dollars-worth of AMD chips over the next five years, which may cushion the impact of a short-term funding delay.
Summaries like this, in your inbox every morning.
Sign up free →What happened
AMD stock dropped 2.9% on concerns tied to OpenAI's IPO timing. OpenAI and its advisors are weighing whether to postpone an IPO to 2027 in hopes of securing a $1 trillion（約160兆円） valuation, or proceed in 2026 with a potentially lower valuation.
Why it matters
A delayed IPO could postpone OpenAI's access to IPO cash it would likely spend on AI chips from AMD and others. However, OpenAI already signed a deal with AMD last year to buy tens of billions of dollars-worth of AMD chips over the next five years, which may limit the risk to AMD's near-term sales.
What to watch
The timing of OpenAI's IPO decision, and whether the five-year supply commitment proves resilient to shifts in IPO funding schedules.
No comments yet. Be the first to share your thoughts!
Log in to join the discussion
Get curated AI news from 200+ sources delivered daily to your inbox. Free to use.
Get Started FreeFree · takes 30 seconds · unsubscribe anytime
5 minutes a day. The AI essentials.
200+ sources · Email / LINE / Slack
