Market Only Looking at Positives of AMD, OpenAI Deal, Says Analyst Goldberg
Advanced Micro Devices (AMD) has signed a deal with OpenAI, an artificial intelligence research company, for AI infrastructure. According to Jay Goldberg, a senior analyst at Seaport, this deal has the potential to generate tens of billions of dollars in new revenue for AMD over multiple years. The analyst suggests that the market is currently only focusing on the positive aspects of this agreement, without considering potential risks or challenges. Goldberg's assessment of the deal was presented during an interview on "Bloomberg Surveillance." The article provides limited details about the specifics of the agreement between AMD and OpenAI, focusing primarily on the financial implications and the analyst's perspective. However, it does not delve into the technical details or the potential impact on the AI industry as a whole.
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