Comment Comment by alberth > allows OpenAI to buy 160 million shares at 1 cents a share.> I think at least part of the 10% is if AMD stock reaches 600.AMD market cap today is $350B (at $200/share).AMD would need to 3x their market cap ($1,000B) to be at $600/share.Which would mean that OpenAI could gain $100B in AMD stock, for the minuscule cost of only $1.6 million (160 million shares at 1 cent each).--Sam is spinning the world on his finger tip with these deals he's crafting. parent alberth 1 year ago
> I think at least part of the 10% is if AMD stock reaches 600.
AMD market cap today is $350B (at $200/share).
AMD would need to 3x their market cap ($1,000B) to be at $600/share.
Which would mean that OpenAI could gain $100B in AMD stock, for the minuscule cost of only $1.6 million (160 million shares at 1 cent each).
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Sam is spinning the world on his finger tip with these deals he's crafting.