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AMD stock clears OpenAI's warrant price bar before the chips ship
Published Source: CryptoPolitanRead original
Crypto Insight Summary: A year ago to the day, AMD (NASDAQ: AMD) handed OpenAI a warrant for up to 160 million shares, with the richest payouts dependent on AMD’s stock reaching set price targets and OpenAI actually taking delivery of the chips. AMD’s stock price rose to $631 last week, raising its market value over $1 trillion. The... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: AMD's warrant deal with OpenAI is unrelated to crypto markets and has no direct impact on crypto prices.