AMD Jumps On $10 Billion Saudi AI Partnership

5 hours ago 1

Moz Farooque

Wed, May 14, 2025, 1:11 AM 1 min read

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Advanced Micro Devices (NASDAQ:AMD) just scored a immense triumph with a $10 billion, multi-year woody to powerfulness Saudi Arabia's caller HUMAIN AI hub with 500 megawatts of its chips and accelerators. Investors cheered, sending AMD shares up astir 4% arsenic they realized however overmuch gross could travel from gathering retired that benignant of GPU-heavy infrastructure.

Lisa Su says the concern advances planetary AI infrastructure by marrying AMD's open-architecture cogwheel with HUMAIN's section ecosystem, portion HUMAIN's CEO Tareq Amin calls it democratizing AI astatine the compute levelbasically putting next-gen show successful much hands. And this follows HUMAIN's ain $5 cardinal AWS tie-up from earlier connected Tuesday, showing Saudi Arabia's superior propulsion to localize unreality and AI services.

Why it matters: That $10 cardinal committedness bulks up AMD's data-center backlog and highlights however tech geopolitics are reshaping maturation opportunities.

Keep an oculus connected AMD's adjacent net callinvestors volition privation to cognize however soon this woody starts padding the apical enactment and what it means for nett margins arsenic each that horsepower goes live.

This nonfiction archetypal appeared connected GuruFocus.


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