AMD says it will invest over $10 billion across Taiwan's AI ecosystem

Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc.

AMD

0.00

May 21 (Reuters) - Advanced Micro Devices AMD.O said on Thursday it would invest more than $10 billion across Taiwan's AI ecosystem and widen strategic partnerships as it looks to expand its manufacturing capabilities.

The U.S. chip firm will collaborate with Taiwanese firms ASE 3711.TW and SPIL to develop more power-efficient technology for AI systems and processors, it said in a statement.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.