Quick AMD & OpenAI update for you with the latest news of this partnership.
In August, AMD Engineering teams underwent a significant headcount recomposition. Near 1:1. This is a highly strategic move linked to its newly announced partnership with OpenAI.
This collaboration, valued at a trillion dollars, appears to be influencing AMD’s talent acquisition and positioning in the AI accelerator market.
Recent developments reveal that AMD’s engineering team experienced a near one-to-one headcount recomposition last August.
The detail I want to point out is that 25% of their engineering hires during this period came from Intel, a company from which AMD traditionally recruits talent. However, this level of hiring from Intel is unusual and suggests a strategic realignment rather than routine recruitment.
This strategic recomposition totally aligns with AMD’s high-stakes partnership with OpenAI, officially announced recently. The partnership is described as a trillion-dollar collaboration, marking a significant milestone for AMD. By effectively importing foundry and AI accelerator expertise through these new hires, AMD is positioning itself strongly in the AI field.
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Intel, known for its partnerships with Nvidia, is not a neutral party in this scenario, making AMD’s talent acquisition from Intel particularly noteworthy. While the term “poaching” might be too strong, this move reflects a calculated and strategic effort by AMD to bolster its engineering capabilities.
AMD has long been considered an underdog in the tech industry, and this collaboration with OpenAI, led by Sam Altman, further solidifies AMD’s standing as a top player in the AI accelerator market.
$AMD 4% drop after earnings? Not even worried
$AMD earnings came in with a slight EPS miss and a revenue beat.
KEY POINTS to REMEMBER:
• AMD Engineering experienced a near one-to-one headcount recomposition in August.
• 25% of AMD’s engineering hires in August came from Intel, an unusually high figure.
• The hiring shift is linked to a trillion-dollar partnership between AMD and OpenAI.
• Intel’s partnerships with Nvidia make AMD’s hiring from Intel strategically significant.
• The collaboration with OpenAI validates AMD’s position as a major competitor in AI technology.
AMD raided Intel’s AI brain trust weeks before unveiling a trillion-dollar partnership with OpenAI.
It’s the clearest signal yet that AMD isn’t chasing Nvidia, it’s coming for the ecosystem that feeds it.
🔴 I’m unpacking this live today at 10AM PST on InsiderEdgeLIVE.com - and why this is the most important week in AMD’s history.
