AMD

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AMD to buy Fei-Fei Li’s World Labs for $8.2 billion

AMD Advanced Micro Devices, Inc. announced Monday that it will acquire World Labs, the spatial-intelligence AI lab founded by Dr. Fei-Fei Li, in an all-stock transaction valued at approximately $8.2 billion. The deal marks one of the largest AI startup…

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AMD surpasses $1 trillion market cap for first time on AI demand

Advanced Micro Devices surpassed $1 trillion in market capitalization for the first time on Monday, joining a small group of chipmakers to reach the milestone as investors bet on the company's expanding role in artificial intelligence computing.

Musk says xAI’s Grok 5 will achieve AGI

Elon Musk declared on Monday that xAI's Grok 5 will be the model to achieve artificial general intelligence, laying out an ambitious roadmap even as the company's next release, Grok 4.7, remains overdue.

Top fabless chip firms’ revenue surges 73% as AI fuels demand

The world's top 10 fabless semiconductor companies posted combined revenue of more than $141.45 billion in the second quarter of 2026, a 73% increase from a year earlier, according to research published by TrendForce on September 10. Expanding AI applications…

AMD shares surge after outlining $2 trillion AI strategy

AMD Advanced Micro Devices, Inc. shares surged roughly 7% on Tuesday after the chipmaker outlined an aggressive artificial-intelligence growth strategy at the Citi Global TMT Conference in New York, reinforcing its bid for a share of the $2 trillion AI…

Microsoft unveils Project Zenith, a Windows for AI developers

Microsoft has officially unveiled Project Zenith, a preconfigured Windows 11 experience designed to turn developer-class PCs into ready-to-code machines straight out of the box. The announcement, made on September 4, formalizes an effort the company first previewed at Build 2026…

AMD unveils ‘Personal AI’ strategy and new hardware at IFA 2026 keynote

AMD Advanced Micro Devices, Inc. chief Jack Huynh opened IFA 2026 in Berlin on Friday with a sweeping pitch for what the company calls "Personal AI," arguing that the next wave of artificial intelligence will run on personal devices rather…

Intel’s x86 CPU market share drops to 31-year low

Intel's overall x86 CPU market share has fallen below 70 percent for the first time since 1995, dropping to 69.3 percent in the second quarter of 2026, according to a new report from Mercury Research. AMD Advanced Micro Devices, Inc.…

Google broadens custom chip strategy with Marvell deal, reported AMD talks

Alphabet is working with Advanced Micro Devices on a 10th-generation Tensor Processing Unit, according to a client note from semiconductor research firm SemiAnalysis first reported by Tom's Hardware on August 15. The note cited "market chatter" rather than confirmed details,…

Google reportedly taps AMD to co-develop next-gen TPU chip

Google Alphabet Inc. has reportedly enlisted AMD Advanced Micro Devices, Inc. to help develop one of its 10th-generation Tensor Processing Units, a collaboration that would mark AMD's first major involvement in a custom AI accelerator project and signal a shift…

AMD shares surge after record $4.75 billion bond sale

Advanced Micro Devices priced the largest bond offering in its history last week — a $4.75 billion package of senior unsecured notes — sending its shares up 6.5% on Friday to close at $514.39. The deal, which is expected to…

AMD to buy startup that hardwires AI models into chips

AMD Advanced Micro Devices, Inc. announced Thursday it has reached a definitive agreement to acquire Toronto-based Taalas, a startup that hardwires AI model weights directly into silicon to deliver inference speeds far beyond conventional GPUs. Financial terms were not disclosed.

Nvidia powers 92% of sovereign AI models worldwide, report finds

Nations racing to build independent artificial intelligence systems remain overwhelmingly dependent on a single American chipmaker. A report released on August 5 by Counterpoint Research found that Nvidia graphics processing units power 92.4% of sovereign AI large language models worldwide,…

Asian chip stocks slide as US semiconductor selloff spreads

Japanese and South Korean stock markets fell sharply on Thursday, August 6, as a broad retreat in US semiconductor stocks rippled across Asia, dragging down chip leaders and reversing gains from the prior session's rally.

AMD posts record $11.5B quarterly revenue as data center sales more than double

Advanced Micro Devices reported record second-quarter 2026 revenue of $11.54 billion on Tuesday, a 50% year-over-year increase driven by surging demand for AI infrastructure, even as shares fell on Wednesday as investors weighed whether the chipmaker can close the gap…

AMD posts record $11.5B quarterly revenue as data center sales double

AMD Advanced Micro Devices, Inc. reported record second-quarter 2026 revenue of $11.54 billion on August 4, a 50% increase from $7.69 billion a year earlier, as surging demand for AI infrastructure propelled its data center business to new heights. Despite…

Bernstein lifts AI server forecast, sees $1T market by 2028

Bernstein has raised its forecast for global server and GPU AI server shipments, projecting compound annual growth rates of 15% and 22% respectively through 2028, as AI infrastructure spending enters what analysts describe as an unprecedented expansion phase.

AMD chip runs massive Kimi K3 AI model at half Nvidia’s cost

New benchmark data from SemiAnalysis's InferenceX platform shows AMD's Advanced Micro Devices, Inc. Instinct MI355X GPU running Moonshot AI's 2.8-trillion-parameter Kimi K3 model at a lower cost per token than Nvidia's B300, giving AMD fresh ammunition in the data center…

Microsoft to deploy AMD and Nvidia AI racks on Azure

Microsoft CEO Satya Nadella declared during the company's earnings call on Wednesday that Azure will be "among the first cloud providers to deploy next generation rack scale AI infrastructure based on AMD Helios and Nvidia Vera Rubin," confirming a dual-vendor…

Chip stocks sink as SK Hynix’s record earnings fail to impress AI investors

Semiconductor stocks fell sharply on Wednesday after SK Hynix reported second-quarter results that, despite setting records, failed to meet the lofty expectations of investors increasingly uneasy about the sustainability of the artificial intelligence spending boom. The selloff extended a brutal…

AMD releases open-source AI model trained on its own GPUs

AMD Advanced Micro Devices, Inc. released Instella-MoE on July 24, a fully open mixture-of-experts language model with 16 billion total parameters trained from scratch on AMD Instinct MI300X and MI325X GPUs. The release includes model weights from every training stage,…

AMD unveils MI450 chips at Advancing AI conference

AMD Advanced Micro Devices, Inc. unveiled its Instinct MI450 series accelerators at the Advancing AI 2026 conference in San Francisco this week, marking the company's most aggressive challenge yet to Nvidia's dominance in the AI chip market. CEO Dr. Lisa…

AMD claims nearly half of server CPU market, eyes $2T opportunity

Goldman Sachs's The Goldman Sachs Group, Inc. $640 price target on AMD Advanced Micro Devices, Inc. remains in place following the chipmaker's Advancing AI 2026 event in San Francisco, where CEO Lisa Su laid out an expanded vision for the…

AMD nears binding HBM4 supply deal with Samsung

AMD Advanced Micro Devices, Inc. CEO Lisa Su said the company is "almost close" to signing a formal large-scale HBM4 supply contract with Samsung Electronics, moving to convert a preliminary agreement signed in March into a binding deal as demand…

AMD launches 256-core EPYC Venice CPUs on 2nm process

AMD Advanced Micro Devices, Inc. used its Advancing AI 2026 keynote on Wednesday to formally launch the EPYC 9006 "Venice" server processor family, its first CPU built on TSMC's Taiwan Semiconductor Manufacturing Company Limited 2nm process node and the debut…

AMD says Helios AI servers are in full production

AMD Advanced Micro Devices, Inc. and Cerebras Systems announced a technical partnership on Tuesday to combine AMD's Helios rack-scale infrastructure with Cerebras' Wafer-Scale Engine to deliver what the companies described as an ultra-low latency AI inference solution. The announcement came…

AMD and Cerebras team up to challenge Nvidia on AI inference

AMD Advanced Micro Devices, Inc. and Cerebras Systems announced a technical partnership on Tuesday to build a disaggregated AI inference platform that combines AMD's Helios rack-scale infrastructure with Cerebras' Wafer-Scale Engine technology. The companies said the combined system is expected…

AMD unveils Helios AI rack to challenge Nvidia

AMD Advanced Micro Devices, Inc. unveiled its Helios rack-scale AI system and Instinct MI455X GPUs at its Advancing AI 2026 keynote on Thursday in San Francisco, marking the chipmaker's most direct challenge yet to Nvidia's dominance in AI data center…

Intel, AMD sign long-term CPU deals with Chinese buyers

Intel and Advanced Micro Devices are entering longer-term purchase commitments with Chinese server customers for data center processors as prices surge, Reuters reported on Wednesday, citing two people familiar with the talks.

Meta forced AMD to halve its top AI chip, analysts say

Meta Platforms is deploying a custom version of AMD's Advanced Micro Devices, Inc. Instinct MI450 accelerator that halves the compute silicon and slashes memory capacity by roughly two-thirds compared to the standard MI455X, according to semiconductor research firm SemiAnalysis. The…