NasdaqGS:AMDSemiconductor
AMD (AMD) Jumps 12.1% After $1 Billion DOE Supercomputing Win Powered by AI Technologies
The U.S. Department of Energy and Advanced Micro Devices recently announced a $1 billion initiative to build the Lux AI and Discovery supercomputers at Oak Ridge National Laboratory, powered by AMD’s advanced GPUs, CPUs, and networking technologies, to support national AI and scientific infrastructure.
This collaboration highlights a significant shift toward secure, sovereign AI capabilities and cements AMD's critical role in delivering next-generation high-performance computing platforms...