AMD and OpenAI have made a big deal. AMD will sell special computer chips to OpenAI for many years. These chips are for artificial intelligence, or AI. This deal will make AMD a lot of money, many billions of dollars each year.

OpenAI, the company that made ChatGPT, can now also buy a part of AMD. They can buy up to 10 percent of the company. This shows that OpenAI believes in AMD's computer chips. It helps AMD compete with other big chip companies.

This new partnership is important for the whole AI world. The demand for powerful computer chips is growing very fast. Companies need them to create new and better AI. This deal will help OpenAI get the chips it needs to keep growing and making new things.

"We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry," AMD executive vice president Forrest Norrod told Reuters.