BRIEF-AMD And Anthropic Sign Major Chips-And-Investment Deal - WSJ

Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc.

AMD

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July 22 (Reuters) -

  • AMD AND ANTHROPIC SIGN MAJOR CHIPS-AND-INVESTMENT DEAL - WSJ

  • THE 2-GIGAWATT DEAL COVERS TENS OF BILLIONS OF DOLLARS’ WORTH OF CHIPS, AS AMD PLANS TO INVEST UP TO $5 BILLION IN ANTHROPIC- WSJ

  • AMD IS ALSO IN TALKS TO PROVIDE A FINANCIAL BACKSTOP FOR ANTHROPIC’S FUTURE DATA-CENTER LEASES AS WELL- WSJ

  • ANTHROPIC WILL PURCHASE UP TO 2 GIGAWATTS OF AMD’S LATEST-GENERATION CHIPS, CALLED THE INSTINCT MI450, STARTING IN THE FIRST HALF OF 2027- WSJ

Source text: [https://tinyurl.com/e8zj2yr4]

Further company coverage: AMD.O


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