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AI/HPC Bitcoin Miners Rally as AMD Soars 30% on OpenAI Deal
OpenAI’s multi-billion-dollar chip agreement with AMD fuels sector-wide gains across artificial intelligence and high-performance computing stocks.
Oct 6, 2025, 1:59 p.m.
What to know:
- OpenAI agreed to purchase tens of billions of dollars worth of AMD chips in a deal that could give it up to a 10% stake in the chipmaker, sending AMD shares up 30%.
- AI-linked miners joined the rally, with Bitfarms (BITF), IREN (IREN), Hive Digital (HIVE), Cipher Mining (CIFR), CleanSpark (CLSK), and TerraWulf (WULF) each gained 5%-12%.
The wave of massive contracts in the artificial intelligence (AI) and high-performance computing (HPC) sector continues, with the latest coming from OpenAI, which has agreed to buy tens of billions of dollars worth of chips from Advanced Micro Devices (AMD).
The deal, according to the Financial Times, could also see OpenAI acquire up to a 10% stake in AMD over time. AMD shares surged around 30% currently changing hands at about $225.
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The chips purchased under this agreement will provide a total computing power capacity of 6 gigawatts (GW). OpenAI executives estimate that 1 GW of capacity costs roughly $50 billion to develop, including chips and the necessary supporting infrastructure, according to the article.
As a result, shares of AI and HPC-focused miners often rally on the back of such large-scale deals and infrastructure buildouts.
During Monday’s U.S. open: Bitfarms (BITF) gained 8%, IREN (IREN) rose 12% to trade at all-time highs around $56, Hive Digital (HIVE) advanced 12%, Cipher Mining (CIFR) climbed 7%, CleanSpark (CLSK) added 5%, and TerraWulf (WULF) was also up 5%.
Galaxy Expanding into AI/HPC
Galaxy Digital (GLXY) has emerged as a key beneficiary of the rapid re-pricing in the AI and HPC infrastructure sector, having converted its Helios campus into a large-scale AI/HPC data center.
In August, the company secured $1.4 billion in project financing to retrofit the facility and signed a long-term lease with CoreWeave (CRWV) covering up to 800 MW of compute capacity.
It's shares were also higher by 5% on Monday as the AMD news combined with the company's launch of GalaxyOne, a new wealth management platform offering 4% yield on FDIC-insured cash and seamless auto-investment into crypto and U.S equities.
GLXY shares are now up 116% year-to-date.
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- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
Что нужно знать:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
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