Late last year and earlier this year, AMD struck deals with Meta and OpenAI to provide them with performance-based warrants that vest based on the purchase and deployment of up to 6 GW of AMD Instinct GPUs – with vesting also dependent on AMD’s share price crossing various hurdles stepping up to $600. (1/3)🧵

Late last year and earlier this year, AMD struck deals with Meta and OpenAI to provide them with performance-based warrants that vest based on the purchase and deployment of up to 6 GW of AMD Instinct GPUs – with vesting also dependent on AMD’s share price crossing various hurdles stepping up to $600. (1/3)🧵

Source:https://x.com/SemiAnalysis_/status/2084278532729889264