In a historic move, AMD and OpenAI signed a multi-billion dollar partnership on Oct. 6, 2025, with OpenAI deploying 6GW of computing power using AMD’s Instinct GPUs and acquiring a stake of up to 10% in AMD. This led to a 24% surge in AMD’s share price and impacted AMD-heavy ETFs positively.

The AI sector’s growth is fueled by demand for generative AI, putting strain on global computing infrastructure. Chipmakers like AMD and Nvidia are signing multi-billion dollar deals with AI companies. Investing in AI-heavy ETFs, like SOXX, SOXQ, and IGPT, offers exposure to the AI revolution while mitigating risks associated with individual stocks.

SOXX, with top holdings in Nvidia, Broadcom, and AMD, saw a 3% gain in the last session and a 33.9% increase year-to-date. SOXQ, with top holdings in Nvidia, Broadcom, and AMD, rose 2.9% in the last session and surged 36% year-to-date. IGPT, with top holdings in Nvidia, Alphabet, and AMD, rose 2.6% in the last session and soared 26% year-to-date.

Read more at Nasdaq: AMD-OpenAI Seal Deal: Your Signal to Ride the Wave With AMD-Heavy ETFs